Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-1

  • question_answer
    Which of the following is an objective of Monetary Policy?

    A)  Regulate capital markets

    B)  Regulate Insurance Trade

    C)  Regulate commodity markets

    D)  Other than those given as options

    E)  Accelerate economic growth, obtain price stability and stabilise exchange rates

    Correct Answer: E

    Solution :

     Monetary policy is the process by which the central bank of a country 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. It also aims to boost exports and facilitate the trade and achieve exchange stability.


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