Question

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

    monetary policy?
    A Bank rate Correct Answer Incorrect Answer
    B Repo Rate Correct Answer Incorrect Answer
    C MSF (Marginal Standing Facility) Rate Correct Answer Incorrect Answer
    D Foreign exchange rates Correct Answer Incorrect Answer
    E All are covered in the monetary policy Correct Answer Incorrect Answer

    Solution

    Foreign exchange rate is related to the buying and selling price of domestic and foreign currencies. This does not directly affect the money supply in the market, therefore not a part of monetary measures.

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