If the RBI decides to adopt a contractionary monetary policy, which of the following would it do?
1. Increase Statutory Liquidity Ratio
2. Increase the Marginal Standing Facility Rate
3. Sells government securities
Select the correct answer using the code given below:
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3