ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Some Critical Issues in Monetary Policy

There are continuing debates on several issues connected with monetary policy. Questions have been raised on the objectives, instrumentalities and impact of monetary policy. Monetary management in the 1980s and more particularly in the 1990s in India offers interesting insights on the role of monetary policy as an instrument of economic policy. This paper draws some important lessons from this experience.

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