Today is the day of Monetary policy by RBI
Some of you may not be knowing what is monetary policy and how to understand it..
some may be wondering this isn't related to our subject of major in accounting
our view is that being a student and aspiring finance professional you should be aware of what is going on in the country's/global economy to shape up your career in a bright way.
So here is an effort to give you insight on what actually monetary policy is and what is its impact?
Monetary policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by its control over interest rates in order to maintain price stability and achieve high economic growth....