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Which is the Single Policy Rate to Unambiguously Signal the Stance of Monetary Policy as Recently Recommended by Rbi? - Mathematics

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प्रश्न

Which is the single policy rate to unambiguously signal the stance of monetary policy as recently recommended by RBI? 

विकल्प

  • PLR

  • Repo

  • Bank

  • CLR

MCQ

उत्तर

Repo

Explanation: Reserve Bank of India working group has proposed that the Repo Rate —the rate at which banks borrow money from the RBI be made the single policy rate to signal the monetary policy stance and effectively deal with inflation without hurting growth.

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Economic Current Affair (Entrance Exam)
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2014-2015 (May) Set 1

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