Question
Which of the following is an unconventional monetary
policy tool used by the Reserve Bank of India? Read the following passage and answer the next 3 questions (Q18-Q20) Monetary policy is the process of drafting, announcing, and implementing the plan of actions taken by the central bank, currency board, or other competent monetary authority of a country that controls the quantity of money in an economy and the channels by which new money is supplied. Monetary policy consists of the management of money supply and interest rates, aimed at meeting macroeconomic objectives such as controlling inflation, consumption, maintaining growth and liquidity. This is achieved by actions such as modifying the interest rate, buying or selling government bonds, regulating foreign exchange (forex) rates, and changing the amount of money banks are required to maintain as reserves.Solution
The central bank introduced Long Term Repo Operations (LTROs) in February 2020 under its revised liquidity framework to kick start the cycle of lowering down borrowing cost by way of providing a durable liquidity to the banking system. The lower cost supports credit off take, boosts the investment and improves the aggregate demand in the economy.
In the question given below, a sentence is given, divided into parts. One of the parts may contain an error. Identify the part that contains the error,...
Hindi cinema, incidentally, played (1)/a big role in keeping people together, (2)/making space for each other’s faith even as (3)/movies brought p...
All the members (a)/ of the Board are kindly(b)/ requested to appear in the next meeting. (c)/ No Error (d)
In the question given below, a sentence is given, divided into parts. One of the parts may contain an error. Identify the part that contains the error, ...
Out of the statements given below, one statement may be grammatically and contextually correct. Choose the correct statement as your answer. If all the...
You can cook up (A)/the most wanted criminals all over (B)/the world at Most Wanted, a site that (C)/links up to law enforcement's desired baddies (D).
In response, (A)/the unions called after the (B)/mass memorial service that was (C)/originally scheduled last year (D).
More than 100 police officers were being deployed at the venue , along with an armed posse from the police.
My mother, who is sick, (A)/would have let (B)/all my friends in as long as (C)/they got rid of their bad habits (D).
Read the given sentence to find out whether there are any grammatical/contextual errors in it. The errors, if any, will be in two of the phrases of the ...
