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role of rbi in control of credit project

Posted by Sushant Sharma 1 year, 11 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 1 year, 11 months ago

RBI uses a Credit control monetary policy strategy to ensure that the country's economic development is accompanied by stability. It means that banks will not only contain inflationary trends in the economy but will also stimulate economic growth, resulting in increased real national income stability in the long run.

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CBSE > Class 12 > Economics