Consider the following:

  1. Discount Rate
  2. Government Spending
  3. Reserve Requirements
  4. Open Market Operations

Which among the above are considered to be major instruments of monetary policy for regulating the economy ?

[A] 1, 2, 3 & 4
[B] 1, 2, 3
[C] 1,3, 4
[D] 1,2, 4

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