CBSE Class 12-commerce Answered
What are the principle instruments of monetary policy of
RBI?
Asked by Topperlearning User | 18 Apr, 2016, 10:57: AM
Expert Answer
Principal instruments of monetary policy or credit control of the RBI are as follows:
Quantitative Instruments: Bank rate, open market operation, cash reserve ratio, statutory liquidity ratio.
Qualitative Instruments: Margin requirement, rationing of the credit, direct action, moral suasion.
Answered by | 18 Apr, 2016, 12:57: PM
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