Do we really need a Central Bank in our Country?

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Q: Chinese Developme

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Q: How can we say that a central bank is doing its job well?

A: Below is the solution:-

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A: Below is the solution:-

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A: Below is the solution:-

Monetary Policy

Monetary policy means the process through which a central bank or other financial authorities manage the money supply in an economy. It is an attempt to reduce inflation and contributes to the stable gross domestic product (GDP) to lower unemployment. The monetary authority reduces the interest rate for price stability in a nation’s currency. The central bank of a nation governs monetary policies and controls the overall money supply available to banks and customers.