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The Use Of The Bank Rate; Cash Ratio And Open Market Operations Constitute? - Erudites Academy

A. monetary policy
B. export policy
C. fiscal policy
D. import policy

Correct Answer:

Option A – monetary policy

Explanation

Monetary policy refers to the policy taken by the Central Bank to control and regulate the supply of money with the public (economy). Examples are Open market operation, Bank rate, Cash reserve ratio etc.

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