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      Question

      Which of the following is not a part of the RBI’s

      Monetary Policy transmission mechanism?
      A CRR Correct Answer Incorrect Answer
      B Bank Rate Correct Answer Incorrect Answer
      C SLR Correct Answer Incorrect Answer
      D Repo Rate Correct Answer Incorrect Answer
      E Tax Rate Correct Answer Incorrect Answer

      Solution

      Taxation is a fiscal policy tool, not part of monetary policy transmission.

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