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प्रश्न
Instrument of monetary policy is:
पर्याय
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
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Explain the following with examples:
Progressive tax
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Explain how indirect taxes can be made progressive.
