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CUET Economics 2024

Economics
>
Money & Banking

Medium

(A) Quantitative tools control the extent of money supply by changing the CRR. \newline \newline (B) There are two types of open market operations – outright and upright. \newline \newline (C) A fall in the bank rate can decrease the money supply. \newline \newline (D) Selling of a bond by RBI leads to reduction in quantity of reserves. \newline \newline (E) The RBI can influence money supply by changing the rate at which it gives loan to the commercial \newline banks.

Which of the following statements are true?

Correct Option: 4
    \newline
  1. Option (A) means -> control money supply -> by changing CRR.
    2. \newline
  2. Option (B) states -> two types -> of open market operations.
    3. \newline
  3. Option (C) implies -> decrease money supply -> by changing bank rate.
    4. \newline
  4. Option (D) shows -> reduction in reserves -> by selling bonds.
    5. \newline
  5. Option (E) explains -> influence money supply -> by changing loan rates.
Correct options are: (A) -> Quantitative tools -> control money supply, (D) -> reduction in reserves -> by selling bonds, (E) -> influence money supply -> by changing loan rates.

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