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Ioi1 redcliff committee is related to: options role of central bank 1 export promotion 2 development of small scale industries 3. measurement of poverty 4
IOI1 Redcliff Committee is related to: Options Role of Central Bank 1 Export Promotion 2 Development of small scale industries 3. Measurement of Poverty 4
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Nidhi taparia Best Answer
The answer is (1). Radcliffe committee and report pertained to Role of Central Bank in working of monetary policy. The Report of the Committee on the Working of the Monetary System (commonly known as The Radcliffe Report) is a report published in 1959 about monetary policy and the workings of the Bank of England. It is named after its chairman, Cyril Radcliffe, 1st Viscount Radcliffe. The report started collecting evidence in 1957 and was the result of dissatisfaction with the workings of monetary policy in the 1950s. It still today remains an important reference document on the Bank of England.