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Question 60Asked in DSSSB TGT Computer Science (Technical), 1 Aug 2021, Shift 1

Which of the following is a qualitative tool used by RBI to control money supply?

  1. AMoral suasion
  2. BCash Reserve Ratio
  3. CBank Rate
  4. DOpen Market Operations
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Correct answer: (A) Moral suasion

Explanation

Moral suasion (persuasion and advice to banks) is a qualitative or selective tool. CRR, bank rate and open market operations are quantitative tools that act on the total money supply.

From DSSSB TGT Computer Science PYQ (Technical), 1 Aug 2021, Shift 1

This is question 60 of DSSSB TGT Computer Science PYQ (Technical), 1 Aug 2021, Shift 1. See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.