IAS (Admin.) IAS Mains GS Paper 3 (Science-Tech, Economy, Environment, & Disaster Management) Indian Economy and Issues-Government Budgeting Study Material (Page 4 of 8)

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Monetary Policy Instruments and Working

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The Monetary Policy Instruments
  • Monetary policy is the macroeconomic policy which is provided by the central bank. It deals with the management of money supply and interest rate and is the demand side economic policy which is used by the government of a country in order to achieve macroeconomic objectives like inflation, consumption, growth and…

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Non Banking Financial Company (NBFCs)

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Non Banking Financial Company (NBFCS)

The Non-Banking Financial Company
  • Non banking financial company is a company which has been registered under the Companies Act 1956.
  • It is engaged in the business of advancing loans, acquisition of shares, stocks, bonds or debentures.
  • It also deals with the acquisition of Government Securities or other marketable securities but it does not include any institution whose principal business rela…

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