Economics · Monetary Policy
Which monetary policy tool is used by the RBI to control inflation by reducing the money supply?
- 1Lowering statutory liquidity ratio
- 2Printing more currency
- 3Reducing repo rate
- 4Increase in Cash Reserve Ratio (CRR)✓
Correct answer
Increase in Cash Reserve Ratio (CRR)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Monetary Policy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Monetary Policy