Question :
The major objective of monetary policy is to:
Option 1:
increase the government’s tax revenue
Option 2:
revamp the public distribution system
Option 3: promote economic growth with price stability
Option 4: weed out corruption in the economy

Question

Question :

The major objective of monetary policy is to:

Option 1:

increase the government’s tax revenue

Option 2:

revamp the public distribution system

Option 3: promote economic growth with price stability

Option 4: weed out corruption in the economy

Team Careers360 · Accepted Answer

Correct Answer: promote economic growth with price stability

Solution : The correct answer is: to promote economic growth with price stability.

Promoting economic growth while maintaining price stability is a more appropriate characterisation of monetary policy's primary goal. This is because monetary policymakers are concerned with more than simply price stability. They are also interested in fostering economic progress. Economic growth is critical because it generates employment and raises living standards. Monetary policymakers use several methods to support economic growth, including adjusting reserve requirements and establishing interest rates.

Popular Searches

Question :
The major objective of monetary policy is to:
Option 1:
increase the government’s tax revenue
Option 2:
revamp the public distribution system
Option 3: promote economic growth with price stability
Option 4: weed out corruption in the economy

Related Questions

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The largest invertebrate is a / an:
Option 1:
Sponge

Option 2:
Mollusc

Option 3: Arthropod

Option 4: Echinoderm

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In which of the following multiple epidermises are found?
Option 1:
Boerhaavia
Option 2:
Amaranthus
Option 3: Helianthus

Option 4: Nerium

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Which one of the following is an egg- laying animal?
Option 1:
Sloth
Option 2:
Duck – billed platypus
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Entomology is the study of:
Option 1:
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Option 2:
Insects
Option 3: Fossils

Option 4: Fungi

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The curcumin is isolated from:
Option 1:
Garlic
Option 2:
Turmeric
Option 3: Sunflower

Option 4: Rose flower

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Popular Searches

Question : The major objective of monetary policy is to:Option 1: increase the government’s tax revenue Option 2: revamp the public distribution systemOption 3: promote economic growth with price stabilityOption 4: weed out corruption in the economy

Related Questions

Question : The largest invertebrate is a / an:Option 1: Sponge Option 2: Mollusc Option 3: Arthropod Option 4: Echinoderm

Question : In which of the following multiple epidermises are found?Option 1: BoerhaaviaOption 2: AmaranthusOption 3: Helianthus Option 4: Nerium

Question : Which one of the following is an egg- laying animal?Option 1: SlothOption 2: Duck – billed platypusOption 3: Kangaroo Option 4: Bandicoot

Question : Entomology is the study of:Option 1: BirdsOption 2: InsectsOption 3: Fossils Option 4: Fungi

Question : The curcumin is isolated from:Option 1: GarlicOption 2: TurmericOption 3: Sunflower Option 4: Rose flower