Economics · Monetary Policy
Consider the following statements regarding Monetary Policy Transmission: 1) Repo rate changes influence lending rates in the banking system. 2) Effective transmission depends on banking sector efficiency and liquidity. 3) Monetary policy transmission has no impact on inflation control. Which of the statements given above is/are correct?
- 11 only
- 21, 2 and 3
- 32 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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