India has called for clearly communicated monetary policies by advanced economies. Economic Affairs Secretary Arvind Mayaram said in Washington today that this help build trust and improve business sentiments across the world by leaving little room for speculations. In his intervention at the G20 Finance Ministers and Central Bank Governors meeting, he said calibrated monetary policies central bankers and between central bankers and the market plus a willingness to listen to others are the need of the hour now. Recent risks of very low inflation in euro areas might demand use of appropriate tools in the coming time to thwart deflation tendencies.Mayaram is representing India during the ongoing spring meet of the International Monetary Fund and the World Bank.