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The RBI has four chief weapons to control or maintain
desired equilibrium in the economy of the country. Which of
the following is NOT one of them?
(1) Open market operations
(2) Reserve requirement (banks have to keep a part of
deposits in reserve)
(3) Repo rate
(4) Bank rate
(5) Introducing new taxes/levies, etc.
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Answer Posted / guest
( 3 ) Repo rate
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