Banking Banking Awareness Banking Regulation System of India Question Bank Banking Regulation System of India

  • question_answer For the performance of its duties as the regulator of credit, the Reserve Bank of India possesses the usual instruments of general credit control, viz.

    A)  bank rate

    B)  open market operation

    C)  the power to vary the reserve requirement of banks

    D)  All of the above

    E)  None of the above

    Correct Answer: D


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