Which of the following is not the quantitative tool of the Reserve Bank of India (RBI)?

Which of the following is not the quantitative tool of the Reserve Bank of India (RBI)?
[A]OMO
[B]Reserve ratios
[C]Rationing of credit
[D]Statutory Pre-emptions

Rationing of credit
To control the cost and quantity of credit, quantitative tools are adopted by the Reserve Bank of India (RBI). The quantitative tools are the indirect tools viz. OMO, bank rate, SLR, CRR, repo rate, etc.

Categories: /

Download GKToday's Android App for Current Affairs updates and quizzes.

Comments