Question

3) Which tool is not part monetary policy?

a) Bank rate b) Repo rate c) Budget d) Ethical explanation​

Answer 1

Answer:

ethical explaination

Answer 2

Optin d) Ethical explanation is not part of monetary policy.

Defining monetary policy:

"Controlling the quantity of money present in the economy and channels by which new slots of money can be supplied."

Tools of monetary policy:

• Repo rate
• Budget
• Bank rate
• Discount rate
• reverse repo rate
• interest on reserves

The Ethical explanation has nothing to do with the monetary policy.

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