Reserve bank of India

Which of the following may be used by the Reserve Bank of India as a tool to draining out excess money from the system:

  1. Increasing Cash Reserve Ratio
  2.  Increasing Reverse Repo rate
  3.  Reduction in Repo rate
  4.  Both 1 & 2
Monis Rasool Professor Asked on 4th September 2015 in Economics.
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  • 1 Answer(s)

    Answer: (4) Both 1 & 2

    Anurag Mishra Professor Answered on 11th September 2015.
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