Which of the following is not an objective of Monetary policy?

Price stabilization

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Exchange stabilization

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Economic stability

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Resource mobilization to finance plans

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Solution

The correct option is D Resource mobilization to finance plans
The term resource mobilization refers to all activities undertaken by an organization to secure new and additional financial, human and material resources to advance its mission.
This not an objective of monetary policy.

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Similar questions

Which of the following is not an objective of the monetary policy of RBI?

Consider the following statements and choose the option which is correct.

(1) Inflation targeting focuses mainly on achieving price stability as the ultimate objective of Monetary policy.

(2) Monetary policy & fiscal policy have to converge for achievement of inflation targeting.

(3) The basket of items in CPI does not include machinery, chemicals etc.

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