Economics · Monetary Policy
Read the following statements and choose the correct option: (A) Monetary Policy consists of discretionary measures undertaken by authorities to influence the availability and cost of money. (B) Repo rate is a long-term measure whereas Bank rate is a short-term measure to influence the liquidity in the economy.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only (B) is correct
- 2Only (A) is correct✓
- 3Both (A) and (B) are incorrect
- 4Both (A) and (B) are correct
Correct answer
Only (A) is correct
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