Monetary management is the art and science of managing the nation’s money to achieve its financial goals. This includes creating and maintaining a budget, investing surplus funds, and securing funding for new projects or expansions. Effective monetary management is crucial for any nation, as it allows the nation to make informed decisions about how to allocate its resources and ensure its long-term financial stability. This guide aims to provide an overview of the principles and practices of monetary management, useful in all domains of Finance including Banking, Capital Markets, Investments, and Accounting.
This book of “Monetary Management” is designed as per the syllabus of MBA, Fourth Semester, Andhra University.
Contents –
1. Central Bank
2. Monetary Policy
3. Open Market Operations
4. Credit Policy
5. Fiscal Policy