Recently, RBI left the repo rate unchanged at 6.5 per cent while retail inflation remains near the higher end of the central bank's comfort zone. Which of the following actions will not be taken by the RBI to contain rising Inflation in the economy?
1
Selling of Government Securities by RBI
2
Buying of Government Securities by RBI
3
Increasing Bank rate
4
Increasing Statutory Liquidity
5
Increasing Cash Reserve Ratio