Flashcards: Nepal Banking and Monetary Policy Fundamentals — 10 cards

Nepal Banking System — components?

Includes commercial, development, and cooperative banks.

Nepal Rastra Bank — role?

Regulates, supervises banking, formulates monetary policy.

Monetary Policy — main objectives?

Control inflation, support growth, stabilize currency, promote employment.

Banking system — components?

Commercial, development, and cooperative banks.

NRB — key functions?

Regulates banks, issues currency, manages foreign exchange, implements monetary policy.

Monetary Policy — objective?

Manage money supply, interest rates, inflation.

Financial Inclusion — purpose?

Ensure access to financial services for all.

Currency Management — function?

Maintain currency stability and supply.

Inflation Targeting — strategy?

Set explicit inflation rate goals.

Price Stability — importance?

Ensures low, stable inflation.