This document discusses monetary policy and its objectives. It begins by defining monetary policy as the process by which a country controls the supply of money in the market by altering interest rates. The main objectives of monetary policy are then outlined as price stability, rapid economic growth, balance of payments equilibrium, full employment, equal income distribution, and exchange rate stability. The document also discusses the tools used by monetary policy, including controlling the supply of money by buying and selling government bonds, and controlling money demand by managing interest rates.