Which of the following is not a quantitative tool as used by RBI to control the money supply in the entire economy?

CA Foundation · Business Economics · PYQS · September 2025
Which of the following is not a quantitative tool as used by RBI to control the money supply in the entire economy?
(A) A. Open Market Operations
(B) B. Statutory Liquidity Ratio
(C) C. Selective Credit Control
(D) D. Cash Reserve Ratio

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Selective Credit Control

Topics: Money Market

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