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    Question

    Which of the following is not a tool of monetary

    policy?
    A Repo Rate Correct Answer Incorrect Answer
    B Reverse Repo Rate Correct Answer Incorrect Answer
    C Cash Reserve Ratio (CRR) Correct Answer Incorrect Answer
    D Corporate Tax Rate Correct Answer Incorrect Answer
    E Open Market Operations (OMO) Correct Answer Incorrect Answer

    Solution

    Explanation: Corporate tax rates are fiscal tools, not monetary policy tools.

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