Question

The new monetary Policy tool introduced by RBI this

Q: Answer-The new monetary Policy tool introduced by RBI this year in place of Reverse Repo was recommended ea...

The SDF as a liquidity management instrument was recommended by the Expert Committee to Revise and Strengthen the Monetary Policy Framework Chairman Urjit R Patel in January 2014. In 2018, the Section 17 of the RBI Act, 1934, was amended to empower the RBI to introduce this instrument, which has now been launched in 2022

year in place of Reverse Repo was recommended earlier by which committee?

A Dr Raghuram Rajan Committee

B Dr Urijit Patel Committee

C Dr C Rangarajan Committee

D Dr Viral Acharaya Committee

E None of these

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The new monetary Policy tool introduced by RBI this

Solution