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Question

Policy measures by the RBI to control and regulate money supply is called __________.

A
monetary policy
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B
credit policy
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C
debit policy
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D
loan policy
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Solution

The correct option is A monetary policy

Monetary policy refers to various central bank policies which include both qualitative as well as quantitative measures that regulate various factors that influence domestic currency directly or indirectly like money supply, interest rates, and credit availability in the economy. These measures control the rate of money supply in case of inflation or deflation.


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