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Which of the following is/are the policy instrument of Reserve Bank of India?I. Repo RateII. Reverse Repo RateIII. Exchange Rate

358517Medium DSSSB TGT Computer Science 0 replies 0 views

Which of the following is/are the policy instrument of Reserve Bank of India?
I. Repo Rate
II. Reverse Repo Rate
III. Exchange Rate

AI, II and III
BII and III
CI and II
DOnly III

Correct answer: C

Explanation

The RBI's policy instruments include the repo rate and reverse repo rate (along with CRR, SLR and the bank rate). The exchange rate is not an RBI policy instrument, so only I and II are correct.

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