Multiple choice

To implement a monetary policy, RBI adopts the following quantitative measures:

(a) Bank rate (b) CRR and SLR (c) OMO (Open Market Operations) (d) Stipulating margin

Which of the above is/are incorrect?

  1. (a) and (b)

  2. (c)

  3. (d)

  4. None of these

  5. All of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Bank rate, ratio and OMO come under quantitative measures, whereas stipulating margin requirement is classified under qualitative measures. Hence, option (3) is incorrect.

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