Question Details

Detailed explanation and options for the selected question.

What is the main purpose of monetary policy?

A. Regulating fiscal deficit
B. Controlling money supply and interest rates
C. Increasing government spending
D. Reducing trade deficits

Explanation:

Monetary policy controls the money supply and interest rates to stabilize the economy. Fiscal deficits and trade issues are not its primary focus.

Related Topics

Gold Economy and Monetization Schemes

Revision Notes

Rural Industrialization and Cluster Development

Revision Notes

Digital Governance Initiatives (eGovernance)

Revision Notes

NABARD’s Role in Rural Development

Revision Notes

World Trade Organization and Global Trade Regimes

Revision Notes

Demographic Dividend and Labor Force

Revision Notes

Fisheries Sector and Blue Revolution

Revision Notes

National Infrastructure Pipeline (NIP)

Revision Notes

Income Inequality and Its Implications

Revision Notes

Social Sector Schemes and Welfare Programs

Revision Notes