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Which of the following is/are the tool(s) of monetary policy of the RBI?I. Reverse Repo RateII. Repo RateIII. Bank Rate

358676Medium DSSSB TGT Computer Science 0 replies 0 views
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Which of the following is/are the tool(s) of monetary policy of the RBI?
I. Reverse Repo Rate
II. Repo Rate
III. Bank Rate
  • AOnly III
  • BII and III
  • CI, II and III
  • DI and II
Correct answer: C

Explanation

The reverse repo rate, repo rate and bank rate are all tools of RBI's monetary policy.
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