With reference to Indian economy, consider the following 1. Bank rate 2. Open market operations 3. Public debt
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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(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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