The use of the bank rate, cash ratio and open market operations constitute

The use of the bank rate, cash ratio and open market operations constitute
A. monetary policy
B. export policy
C. fiscal policy
D. import policy
Correct Option: Answer is A
Monetary policy is a set of government activities that are designed to influence the money supply and interest rates in an economy. The bank rate, cash ratio, and open market operations are all tools that can be used to implement monetary policy.

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