Question : Which of the following is not a component of monetary policy in India?
Option 1: Repo rate
Option 2: Moral suasion
Option 3: Credit rationing
Option 4: Public debt
Correct Answer: Public debt
Solution : The correct answer is Public debt .
Public debt is not a direct component of monetary policy in India. It refers to the total amount of money that a government owes to external creditors and domestic lenders. Public debt is managed by the Ministry of Finance and is used to finance government spending and bridge budget deficits. Monetary policy is primarily concerned with regulating the money supply, interest rates, and credit availability in an economy.
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