43ʳᵈ B.P.S.C. (Pre) 1999
Currency Note Press, Nashik 2. Bank Note Press, Dewas 3. Security Printing Press, Hyderabad 4. Security Paper Mill, Narmadapuram 5. India Security Press, Nashik The minting (coin) units are as follows- 1. Mumbai 2. Kolkata 3. Hyderabad 4. Noida 30. In general, the main objective of monetary policy is-
aControl the money supply✓ Correct
bControl private banks
cControl stock market
dControl precious metals market
Explanation
Monetary policy refers to a control policy through which the central bank controls the supply of money in order to achieve the objectives of overall economic policy. However, in a developing country like India, through monetary policy the central bank, on the one hand, regulates the volume of credit (control of money supply) and, on the other hand, also meets the monetary and credit requirements generated by development programmes.
economic-social-development
