Question : Which of the following is not a tool of quanlitative instruments of monetary policy?
Option 1: Open market operations
Option 2: Margin requirements
Option 3: Moral suasion
Option 4: Selective credit control.
Answer (1)
24th Jan, 2024
Correct Answer:
Open market operations
Solution :
Open market operations refers to sale and purchase of securities in the open market by the central bank.
Hence, Option A is correct.
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