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QUESTION 1
(a) What are the objectives and instruments of monetary policy?
(b) "With financial liberalisation, there is a need to shift from direct instruments to indirect market -based techniques of monetary policy implementation". Discuss.
QUESTION 2
Discuss following points
(a) Banking sector Regulation
(b) Monetary transmission mechanism
(c) Credit rationing
(d) International banking
interaction between the two market force, demand and supply
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