Which of the following Policy instruments RBI normally resorts to for managing inflation in the economy

CA Foundation · Business Economics · MTP · September 2024
Which of the following Policy instruments RBI normally resorts to for managing inflation in the economy
(A) A. Bank Rate
(B) B. Cash Reserve Ratio
(C) C. Statutory liquidity Ratio
(D) D. Repo rate

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Repo rate

Topics: Money Market

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