Economics · Indian Economy
Which of the following quantitative instruments is used by the RBI to control inflation by absorbing excess liquidity from the commercial banks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Imposing higher import tariffs
- 2Enhancing public expenditure
- 3Increasing corporate tax rates
- 4Increasing the Repo Rate✓
Correct answer
Increasing the Repo Rate
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