RBI Grade B 2017-18

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Can anybody explain why easy money policy is called accommodative money policy?

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shivam007
@shivam007  ·  24 karma

Accomodative = ready to cut rates if favourable conditions prevail

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shivam007
@shivam007  ·  24 karma

Monetary policy stance has been changed to neutral from accomodative= no rate cuts for the time being

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