Control of money supply in the economy is sought to be achieved by which among the following?
Open market operations, the bank rate and the repo rate are monetary policy instruments. They influence bank reserves, the cost of funds and credit conditions, whereas…
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Control of money supply in the economy is sought to be achieved by which among the following?
Answer and explanation
Correct answer A
Open market operations, the bank rate and the repo rate are monetary policy instruments. They influence bank reserves, the cost of funds and credit conditions, whereas payment technologies primarily concern how transactions are carried out.
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Karnataka SET (KSET)