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.
- Calculate the largest 5-digit number which is divisible by ‘64’
- The product of two positive numbers is 720. If one of the numbers is four times the other, then find the difference between the given two numbers.
Find the number that needs to be subtracted from 85 and 55 such that their ratio becomes 6:3.
- The product of two positive numbers is 300. If one of the numbers is five times the other, then find the difference between the given two numbers.
A tree increases annually by one - fourth of its height. What will be the height of the tree after 3 years, if it stands today at 64 cm height?
In a factory of 50 labours, if the two labours left the job whose wages were 1120 and 1340 and two new labours join the factory which results in decreas...
- Find the minimum value of x if the number 87256x72 is divisible by 9.
- What is to be subtracted from (13/20) so that the result is (7/25)?
- A number gives a remainder 34 when divided by 391. What remainder will it leave when divided by 17?
The sum of the first 123 terms of the geometric progression (GP) is equal to the sum of the first 121 terms of the Ursa geometric progression (GP). When...
