Q. Consider the following:

1. Cash Reserve Ratio (CRR)
2. Open Market Operations (OMO)
3. Repurchase (Repo) Transactions
4. Standing Deposit Facility (SDF)

Which of the following is/are conducted at the discretion of the Reserve Bank of India (RBI) and not at the discretion of banks?
Answer: Only 1, 2 and 3
Notes: In terms of management, Cash Reserve Ratio (CRR), Open Market Operations (OMO), and Repurchase (Repo) Transactions are all conducted at the discretion of the Reserve Bank of India. However, access to the Standing Deposit Facility (SDF) remains voluntary for banks, not at the discretion of the RBI.

This question is part of UPSC Daily 20 MCQ Series Course on GKToday Android app.