Monetary policy / Partha Ray.
Material type: TextLanguage: English Series: Oxford India short introductionsPublication details: New Delhi : Oxford University Press, 2013.Edition: First editionDescription: xviii, 240 pages : illustrations ; 19 cmISBN:- 9780198075417
- 0198075413
- 332.495 23 RAY
Item type | Current library | Collection | Call number | Status | Date due | Barcode |
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General Books | CUTN Central Library Social Sciences | Non-fiction | 332.495 RAY (Browse shelf(Opens below)) | Available | 30357 |
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332.422 ANI மஞ்சள் பிசாசு: | 332.45 MAM Money and financial market | 332.45609 ALD Exchange rate regimes in the twentieth century / | 332.495 RAY Monetary policy / | 332.495 SAM Conduct of monetary policy in India : | 332.4954 MOH Growth with Financial stability Central banking in an Emerging Market | 332.6 BHA Investment Management |
1. What Is Monetary Policy? 2. The Early Years: 1934-50; 3. The Foundation Stage: 1951-68 4. Bank Nationalization And Credit Planning: 1969-85 5. Monetary Targeting: 1986-98 6. Multiple Indicator Approach And Liquidity Adjustment Facilities: 1998 Onwards
Includes bibliographical references and index.
The Oxford India Short Introductions are concise, stimulating, and accessible guides to different aspects of India. Combining authoritative analysis, new ideas, and diverse perspectives, they discuss subjects which are topical yet enduring, as also emerging areas of study and debate.
Monetary policy plays a pivotal role in shaping interest rates and controlling inflation. Turbulence in both during the recent global financial crisis and current sovereign debt crisis in Europe has accentuated the ever-growing interest in the role of monetary policy and the functioning of central banks. It is in this context that this Short Introduction analyses the evolution of Indian monetary policy over the historical timeline of 1934 to present times. Dividing this period into several epochs, the author explains how at various points the monetary policy was shaped by the need of hour, be it the policy of credit control to support planned development in the 1950s or the introduction of liquidity adjustment facility to meet the needs of the changing economy in the post-liberalization phase. He also shows how India's monetary policies and practices have helped it absorb the shocks of the financial crisis
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