Which of the following statement(s) is/are true about monetary policy of RBI?
A. Monetary policy is one of RBI's controlled expansion.
B. RBI possesses extensive powers of credit control, only quantitative in nature.
C. the monetary policy of the RBI has been rather weak.
D. The monetary policy of RBI has been very effective.
1
Only A is True
2
only B is true
3
A and C are true
4
A and D are correct