A Study of Monetary Policy and its impact on GDP Performance (With reference to Indian Economy)

EasyChair Preprint 2237

Abstract

For maintaining stability and growth in the economy, every nation has to maintain good structure of monetary policies for achieving the country’s development goal. Monetary policy affected through various indicators like money supply, interest rates, and inflation rate according to these indicators monetary policies dynamically changed to maintain price stability and required economic growth rate. GDP Referred to national income of the country which determines the economic growth of the country and it depends upon the Monetary policy, so it is very important function to establish good balance between monetary and GDP of the country. The present paper focuses on the impact of monetary policies on the GDP, for this associated variable also have been studied for proving hypothesis. The duration of the study is from year 2014-15 to 2018-19, descriptive analysis, correlation and regression has been done to conclude remarks, and analyse the impact of Monetary policy on GDP. Secondary data has been taken from RBI monetary policy reports.

Keyphrases: Gross Domestic Product, Monetary Policies, inflation rate, interest rate, money supply

@booklet{EasyChair:2237,
  author    = {Shobhit Sagar and L.N. Koli},
  title     = {A Study of Monetary Policy and its impact on GDP Performance (With reference to Indian Economy)},
  howpublished = {EasyChair Preprint 2237},
  year      = {EasyChair, 2019}}