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The RBI announces Credit Policy twice in a year. What is the
significance of the Credit Policy. Which of the following
is/are the CORRECT statement(s) in this regard?A) It is a
measure to influence the amount of money and credit in
Indian economy.B) Credit Policy is a control on the rate of
interest offered by the Banks on their products.C) It is an
indication to the market that how they can plan their
production decisions.D) It is the green signal to the Union
Government that they can plan their budget and introduce new
taxes if they so desire.
(1) Only A
(2) Only A & B
(3) Only B & C
(4) Only A, B & C
(5) None of these
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( 4 ) Only A, B & C
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