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प्रश्न
Instrument of monetary policy is:
विकल्प
Bank rate
Cash reserve ratio
Both Bank rate and Cash reserve ratio
Neither Bank rate nor Cash reserve ratio
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उत्तर
Both Bank rate and Cash reserve ratio
Explanation:
Instruments of monetary policy include the Bank rate and the Cash reserve ratio (CRR), among others. These tools are used by central banks to control the money supply and influence interest rates in the economy.
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संबंधित प्रश्न
Which of the following taxes generate civic consciousness among people?
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Distinguish between fiscal policy and monetary policy.
Citing reason state the advantage of a direct tax over an indirect tax.
Give two reasons why the government imposes tax?
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Explain the term Incidence of a tax.
Explain briefly two merits of indirect tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
