Q. Which of the following is / are instruments of monetary policy? Bank Rate Policy Reserve Ratio Requirements Liquidity Adjustment Facility Open Market Operations Select the correct option from the codes given below:
Answer: 1, 2, 3 & 4
Notes: The major instruments of monetary policy are Cash Reserve Ratio, Statutory Liquidity Ratio, Bank Rate, Repo Rate, Reverse Repo Rate, and Open Market Operations.

4

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