000			01485nam a2200181Ia 4500
999			_c2463 _d2463
005			20220505151158.0
008			200202s9999 xx 000 0 und d
082			_a332.11 GUP
100			_aGupta, G.P.
245		0	_aReserve bank of India and Monetary management
260			_aBombay
260			_bAsia Publishing House
260			_c1959
300			_a331 p.
520			_aMONETARY policy plays a crucial role in shaping the economic destiny of a nation. Money and credit influence the course and volume of economic behaviour to a greater degree, Booms and depressions are, in a way, connected with the imperfect working of monetary institutions. Development schemes and their success ful implementation depend upon the correct and balanced policies adopted by the central monetary authority in the country. But, in India, as in other under-developed countries, little interest was! evinced in the art of monetary management, except during the v past two decades when Central Banking was harnessed as a positive science of "monetary management" to meet the exigencies, of war and to reconstruct the war-torn economy in the post war period. More recently, greater importance has come to be attached to the central banks as a necessary "cog" in the machinery of economic planning. To quote Paul Einzig: "Economic planning is unthinkable without monetary management and monetary management is doomed to failure without economic planning."
650			_aEconomics
942			_cB _2ddc