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Question 61Asked in DSSSB TGT Computer Science (Technical), 8 Aug 2021, Shift 2

Which of the following is/are the tool(s) of monetary policy of the RBI?

Which of the following is/are the tool(s) of monetary policy of the RBI? I. Reverse Repo Rate II. Repo Rate III. Bank Rate
  1. AI and II
  2. BII and III
  3. COnly III
  4. DI, II and III
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Correct answer: (D) I, II and III

Explanation

Repo rate, reverse repo rate and bank rate are all quantitative instruments that the RBI uses to control money supply and credit.

From DSSSB TGT Computer Science PYQ (Technical), 8 Aug 2021, Shift 2

This is question 61 of DSSSB TGT Computer Science PYQ (Technical), 8 Aug 2021, Shift 2. 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.