If the RBI decides to adopt an expansionist monetary policy, which of the following would it not do? 1. Cut and optimize the Statutory Liquidity Ratio 2. Increase the Marginal Standing Facility Rate 3. Cut the Bank Rate and Repo Rate Select the correct answer using the code given below:
A1 and 2 only
B2 only
C1 and 3 only
D1, 2 and 3
Answer & Solution
Correct answer: B. 2 only
UPSC CSE Prelims 2020 (GS-I, Set A), Q.57. Official answer key: B.
Related questions
Selling part of the equity of public sector enterprises to the public is called:Before reforms, India protected industry through tight import controls and:As an immediate step in 1991, the rupee was:GST is meant to create one nation, one tax and one:GST came into effect from:The Goods and Services Tax Act was passed by Parliament in:Taxes levied on commodities are called:Moderate income tax rates are believed to encourage savings and: