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Central Bank

Which of the ...

Question

Which of the following is/ are the Quantitative Instrument of RBI?

A

CRR

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B

Bank Rate Policy

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C

SLR

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D

All of these

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Solution

The correct option is C All of these
The quantitative measures of credit control are Bank Rate Policy: The bank rate is the Official interest rate at which RBI rediscounts the approved bills held by commercial banks. For controlling the credit, inflation and money supply, RBI will increase the Bank Rate.

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