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.
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