New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is not considered as direct

    instruments of RBI?
    A Cash reserve ratio Correct Answer Incorrect Answer
    B Refinance facilities Correct Answer Incorrect Answer
    C Statutory Liquidity Ratio Correct Answer Incorrect Answer
    D Open market operation Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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