What are the 4 tools of monetary policy?

The 4 tools of monetary policy are Repo Rate, Reverse Repo Rate, Open Market Operations, Bank Rate policy (discount rate). You can read about the Monetary Policy – Objectives, Role, Instruments  in the given link.

Further readings:

  1. Monetary Policy Committee (MPC) – Structure, Objectives UPSC Notes
  2. Monetary System – Types of Monetary System 

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