Which of the following is NOT a quantitative tool of monetary policy?

CA Foundation · Business Economics · PYQS · May 2025
Which of the following is NOT a quantitative tool of monetary policy?
(A) A. Cash Reserve Ratio (CRR)
(B) B. Statutory Liquidity Ratio (SLR)
(C) C. Open Market Operations (OMO)
(D) D. Liquidity Adjustment Facility (LAF)

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Liquidity Adjustment Facility (LAF)

Topics: Money Market

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