Which of the following aspects of the RBI's monetary management was critical in aligning inflation with its target while supporting economic growth in FY24?
1
Increasing the cash reserve ratio (CRR) to curb excessive liquidity.
2
Maintaining the policy repo rate at 6.5 percent to balance inflation and growth.
3
Implementing quantitative easing measures to boost the economy.
4
Aggressively purchasing government bonds to inject liquidity into the market.
5
Introducing stringent capital requirements for commercial banks.