Answer:
Monetary, Reserve Bank.
Step-by-step explanation:
- Monetary policy is the actions taken by the Reserve Bank to influence the real GDP and the inflation rate in the economy.
- The Reserve Bank may make certain actions, commonly known as monetary policies, in order to keep a check on the inflation rate and price stability.
- By doing so, the Reserve Bank aims to control inflation, growth, real GDP, etc. through instruments such as cash reserve ratio, open market operations, discount rates, interests on reserves, etc.