Answer / Anil Kumar Singh

The Reserve Bank of India (RBI) implements monetary policy to regulate the money supply in the economy. The main objectives of RBI's monetary policy are to maintain price stability, promote employment, and ensure adequate flow of credit to productive sectors. The instruments used to control monetary policy include open market operations, bank rate, cash reserve ratio (CRR), statutory liquidity ratio (SLR), and repurchase agreements (repo).

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