BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these is a quantitative instrument of Monetary Policy?
A
Repo rate
B
CRR
C
SLR
D
All of the above
Explanation: 

Detailed explanation-1: -The list of quantitative instruments includes Open Market Operations, Bank Rate, Repo Rate, Reverse Repo Rate, Cash Reserve Ratio, Statutory Liquidity Ratio, Marginal standing facility, and Liquidity Adjustment Facility (LAF).

Detailed explanation-2: -The quantitative instruments are Open Market Operations, Liquidity Adjustment Facility (Repo and Reverse Repo), Marginal Standing Facility, SLR, CRR, Bank Rate, etc.

Detailed explanation-3: -The instruments of monetary policy include discount rate, reserve requirements, and open market operations.

Detailed explanation-4: -And to control this, RBI implements the monetary policy’s Quantitative and Qualitative instruments to achieve economic goals. The main instruments of these policies are CRR, SLR, Bank Rate, Repo Rate, Reverse Repo Rate, Open Market Operations, etc.

Detailed explanation-5: -Which of these is a quantitative instrument of Monetary Policy? Notes: The quantitative instruments are: Open Market Operations, Liquidity Adjustment Facility (Repo and Reverse Repo), Marginal Standing Facility, SLR, CRR Bank Rate etc.

There is 1 question to complete.