CHAPTER 05
India’s Monetary and Fiscal Policy
CHAPTER OUTLINE
I. Monetary Policy of India
• Concept and Meaning of Monetary Policy
• Objectives of the Monetary Policy
• Differences Between Monetary Policy and Fiscal Policy
• Meaning of Monetary Policy Terms
• Impact of the Monetary Policy
• Measures to Regulate Money Supply
• RBI’s Monetary Policy Measures
• RBI’s Monetary Policy, 2012–13
II. Fiscal Policy of India
• Concept and Meaning of Fiscal Policy
• Objectives of the Fiscal Policy
• Fiscal Policy and Economic Development
• Merits of Fiscal Policy of India
• The Shortcomings of the Fiscal Policy of India
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