Which monetary policy tool is correctly matched with its objective?

1
Bank rate: It is a rate at which RBI provides the loan to commercial banks without collateral.
2
Moral Suasion: It is used to influence specific types of credit for particular purposes.
3
Selective Credit Controls: Under this method, RBI urges commercial banks to help in controlling the supply of money in the economy.
4
More than one of the above
5
None of the above

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation