Monetary Policy is U.P. R.O. / A.R.O. (Mains) 2016

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M: +2.00/-0.50

Monetary Policy is

U.P. R.O. / A.R.O. (Mains) 2016

[Fiscal Policy, Inflation Planning and Banking]

Opposed to fiscal policy

Complementary to fiscal policy

More effective during depression

Direct measure to control effective demand

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