| Year |
2010 |
| Volume/Issue/Review Month |
Vol. - 3 | Issue 1 | January – June |
| Title |
Monetary Policy Measures in Times of Global Recession |
| Authors |
Dr. Ranjana Agarwal |
| Broad area |
Monetary Policy Measures in Times of Global Recession |
| Abstract |
This paper gives a holistic view of monetary policy measures taken in India in view of the global recession. Monetary policies are measures taken by the central bank of a country. As in case of all countries, RBI has taken several measures to inject liquidity in the Indian economy. It has made use of several instruments as CRR, Repo and reverse rates. The latest step was the cut in repo and reverse repo rates which was taken on 21 April, 09. This paper discusses the monetary policy measures taken to revive the economy in times of recession. It also shows the results arising due to monetary policy measures taken in times of recession. The aim of the paper is to highlight a. The monetary policy in times of global recession in India. b. Effect of monetary policy |
| Description |
The global recession has impacted major economies of the world. All major economies, especially the developed countries have been impacted by the crisis. India is not facing a recession but a slowdown. India was a buoyant healthy economy with a GDP growth |
| File |
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| Referenceses |
- Crisil(2009), Monetary Policy Impact Analysis, Annual Policy Statement, 2009-10, Crisil Research.
- Pailwar V K(2010), Economic Environment of Business,Prentice Hall of India.
- RBI (2009),Annual Policy Statement for the Year 2009-10 by Dr. D. Subbarao Governor, April 21,Reserve Bank of India.
- Shaikh Saleem (2006),Business Environment,Pearson.
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