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    Question

    Which of the following is a qualitative instrument of

    monetary policy used by the Reserve Bank of India?
    A Cash Reserve Ratio Correct Answer Incorrect Answer
    B Statutory Liquidity Ratio Correct Answer Incorrect Answer
    C Repo Rate Correct Answer Incorrect Answer
    D Open Market Operations Correct Answer Incorrect Answer
    E Credit rationing Correct Answer Incorrect Answer

    Solution

    Credit rationing is a qualitative monetary policy tool, whereas CRR, SLR, repo rate, and OMO are quantitative tools. 

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