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Home Questions & Answers General Knowledge Economics Question Answers With reference to Indian economy,consider the following :1. Bank rate2. Open market operations3. Public debt4. Public revenue

    With reference to Indian economy,consider the following :
    1. Bank rate
    2. Open market operations
    3. Public debt
    4. Public revenue

  • I only
  • 2, 3 and 4
  • 1 and 2
  • I, 3 and 4
  • Explanation:

    Monetary policy refers to the credit control measures adopted by the central bank of a country. The instruments of monetary policy are of two types: first, quantitative, general or indirect; and second, qualitative, selective or direct. They affect the level of aggregate demand through the supply of money, cost of money and availability of credit. Of the two types of instruments, the first category includes bank rate variations, open market operations and changing reserve requirements.