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How Effective Monetry Policy Signals Inflation in Indian Economy?

P. Ganguly1 , R. Gunwani2

Section:Review Paper, Product Type: Journal Paper
Volume-06 , Issue-09 , Page no. 91-93, Nov-2018

CrossRef-DOI:   https://doi.org/10.26438/ijcse/v6si9.9193

Online published on Nov 20, 2018

Copyright © P. Ganguly, R. Gunwani . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: P. Ganguly, R. Gunwani, “How Effective Monetry Policy Signals Inflation in Indian Economy?,” International Journal of Computer Sciences and Engineering, Vol.06, Issue.09, pp.91-93, 2018.

MLA Style Citation: P. Ganguly, R. Gunwani "How Effective Monetry Policy Signals Inflation in Indian Economy?." International Journal of Computer Sciences and Engineering 06.09 (2018): 91-93.

APA Style Citation: P. Ganguly, R. Gunwani, (2018). How Effective Monetry Policy Signals Inflation in Indian Economy?. International Journal of Computer Sciences and Engineering, 06(09), 91-93.

BibTex Style Citation:
@article{Ganguly_2018,
author = {P. Ganguly, R. Gunwani},
title = {How Effective Monetry Policy Signals Inflation in Indian Economy?},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {11 2018},
volume = {06},
Issue = {09},
month = {11},
year = {2018},
issn = {2347-2693},
pages = {91-93},
url = {https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=505},
doi = {https://doi.org/10.26438/ijcse/v6i9.9193}
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
DO = {https://doi.org/10.26438/ijcse/v6i9.9193}
UR - https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=505
TI - How Effective Monetry Policy Signals Inflation in Indian Economy?
T2 - International Journal of Computer Sciences and Engineering
AU - P. Ganguly, R. Gunwani
PY - 2018
DA - 2018/11/20
PB - IJCSE, Indore, INDIA
SP - 91-93
IS - 09
VL - 06
SN - 2347-2693
ER -

           

Abstract

The regulating mechanism of monetary policy plays an important role in the Indian economy as it conveys the central bank’s valuation and its future outlook to the general public. Inflation measurement is fundamental to the conduct of monetary policy. In every country government takes some actions in Economic field that cover the systems for setting Interest Rates & Government Budget as well as labor market, National ownership & many other areas of government interventions into the Economy. Such policies are often influenced by International Institutions like IMF or World Bank as well as political beliefs & consequent policies of parties. This paper concludes all about how monetary policy help to regulate inflation in Indian economy and it also shows how changes are made to hook the instability occurred in recent development of the country due to inflation. In this paper we will also study whether the monetary policy really a helpful technique in signaling Inflation in country like India or not?

Key-Words / Index Term

RBI (Reserve Bank of India), CRR (Cash Reserve Ratio), SLR (Statutory Reserve Ratio), Inflation, Money Supply

References

[1] John H.Boyd , Ross Levine and Bruce D. Smith, “The impact of inflation on financial performance”,2000.
[2] Ben S. Bernanke and Frederic S. MishKin, “Inflation Targeting: A New Framework For Monetary Policy”,Journal of Economic Perspectives, India, Vol. 11, Issue 2 ,1997.
[3] Dr. Anup kumar Atria, “Economics”, India, pp. 16.1-16.5, 1998.