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Question

Which of the following instruments of quantitative credit control are used by the RBI ?

A
Cash Reserve Ratio
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B
Statutory Liquidity Ratio
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C
Open Market Operations
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D
All of the above
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Solution

The correct option is D All of the above

Quantitative credit controls are used to maintain proper quantity of credit of money supply in market.

These include bank rate policy, open market operations, Statutory Liquidity Ratio, Repo rate, Reverse Repo rate and Cash Reserve Ratio.

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