2 Views

Question :

Variations in the Cash Reserve Ratio and Open Market Operations are instruments of:

Option 1:

Budgetary policy

Option 2:

Trade policy

Option 3: Fiscal policy

Option 4: Monetary policy


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 9th Jan, 2024

Correct Answer: Monetary policy


Solution : The correct option is Monetary policy .

Monetary policy tools include changes in the Cash Reserve Ratio (CRR) and Open Market Operations (OMO). Central banks, such as the Federal Reserve in the United States or the Reserve Bank of India in India, can regulate an economy's money supply and interest rates by implementing monetary policy.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books