If the RBI decides to adopt a Contractionary Monetary Policy, which of the following would it NOT do?
1. Increase the Repo Rate.
2. Decrease the Bank Rate.
3. Increase the Statutory Liquidity Ratio (SLR).
Select the correct answer using the code given below:
1
1 only
2
2 and 3 only
3
2 only
4
1, 2 and 3