Question

Which of the following is not a quantitative tool of money supply used by the RBI? 

A Bank rate Correct Answer Incorrect Answer
B Open market operation Correct Answer Incorrect Answer
C Margin requirement Correct Answer Incorrect Answer
D Repo Rate Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

The qualitative tools of monetary policy are Rationing of credit, Consumer Credit Regulation, Guidelines, Margin requirements, Moral Suasion.

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