Monetary example sentences
At the international level, various organisations such as the World Bank, International Monetary Fund (IMF) and World Trade Organisation (WTO) exist for accelerating the pace of development and trade amongst the nations.It relates to the past period, serves the stewardship function and is monetary in nature.Financial incentives are monetary and may be in the form of salary, bonus, profit sharing, pension etc.In 1991, it approached the International Monetary Fund (IMF) for raising funds to tide over its balance of payment deficits.The monetary expenditure per capita needed for buying these calorie requirements in terms of food grains etc.The value of all goods and services can be expressed in monetary units.Some times, monetary aspect may be involved in non-financial incentives as well.The major idea underlying the setting up of the IMF is to evolve an orderly international monetary system, i.e., facilitating system of international payments and adjustments in exchange rates among national currencies.If RBI wishes to reduce the supply of high powered money it undertakes an open market sale of government securities of its own holding in just the reverse fashion, thereby reducing the monetary base.Another important aspect of the concept of money measurement is that the records of the transactions are to be kept not in the physical units but in the monetary unit.Recording : Once the economic events are identified and measured in financial terms, these are recorded in books of account in monetary terms and in a chronological order.The international monetary system has been set up to handle these issues and ensure stability in international transactions.arious actions of the monetary authority, RBI, and commercial banks are responsible for changes in the values of these items.Typically, bonds are papers bearing the promise of a future stream of monetary returns over a certain period of time.Who lends money to governments when they need it? The International Monetary Fund (IMF) does so.
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