Question

    Which of the following is not a quantitative tool of money supply used by the RBI? 

    A Bank rate Correct Answer Incorrect Answer
    B Open market operation Correct Answer Incorrect Answer
    C Margin requirement Correct Answer Incorrect Answer
    D Repo Rate Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The qualitative tools of monetary policy are Rationing of credit, Consumer Credit Regulation, Guidelines, Margin requirements, Moral Suasion.

    Practice Next