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CONCEPT AND OBJECTIVES
INTERNATIONAL MONETARY SYSTEMI
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advances aggregate agricultural amount assets balance of payments bank credit Bank of India bank rate Bank's banking system bills borrowing busy season capital cent central bank changes commercial banks cooperative banks cost credit expansion credit policy crores crores of rupees currency deficit financing demand deposits devaluation economic growth effect expenditure exports facilities fiscal policy foodgrains foreign exchange Fourth Plan funds gold standard Government of India government securities Hence important increase India Bulletin industrial inflation institutions interest rates International Monetary International Monetary Fund investment lending rate liabilities limit liquidity ratio loans ment minimum mobilisation monetary expansion monetary policy monetary system money market money supply objective open market operations price level private sector production public sector purchase quota raised rate of interest reduced regulating Reserve Bank reserve requirements rose savings scheduled banks scheme Second Plan period selective credit controls slack season stability Third Plan period tion trade