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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