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Question
With reference to Indian economy, consider the following.
  1. Bank rate
  2. Open market operations
  3. Public debt
  4. Public revenue
Which of the above is/are component/ components of Monetary Policy?
Options:
A .  1 only
B .  1 and 2
C .  2, 3 and 4
D .  1, 3 and 4
Answer: Option B
Answer: (b)The RBI implements the monetary policy through open market operations, bank rate policy, reserve system, credit control policy, moral persuasion and through many other instruments.

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