Question
Indian Economy Question on Banking, finance and macroeconomic policies
Which of the following are the direct instruments exercised by the Reserve Bank of India to control the money supply?
(i) Cash Reserve Ratio
(ii) Open Market Operations
(iii) Foreign Exchange Rate
(iv) Statutory Liquidity Ratio
A
(i, ii, iii)
B
(i, ii, iv)
C
(ii, iii, iv)
D
(i, iii, iv)
Answer
(i, ii, iv)
Explanation
Solution
The correct option is (B): (i, ii, iv)