Discussion
. __________ policy refers to policy measure taken by RBI to control & regulate money supply
Answer: B
Correct answer: Monetary
Monetary policy is the set of measures by which the central bank controls the supply of money and the cost and availability of credit - the repo rate, the reserve ratios, open market operations and the liquidity adjustment facility.
Fiscal policy is the Government's province and works through taxation, expenditure and borrowing, which is the distinction the third option offers. Credit policy is a term sometimes used for the selective half of monetary policy rather than for the whole, and "financial policy" is not a term of art at all.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development