With reference to Indian economy, consider the following

1. Bank rate

2. Open market operations

3. Public debt

4. Public revenue

Which of the above is/are component/ components of Monetary Policy?

(a) 1 only (b) 2, 3 and 4 (c) 1 and 2 (d) 1, 3 and 4

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1 Answers

(c) The RBI implements the monetary policy through open market operations, bank rate policy, reserve system, credit control policy, moral persuasion and through many other instruments.

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