Solved UPSC CDS/OTA Question
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Q · InflationMedium · 45s
If the RBI wants to control inflation, which of these is it likely to do? 1. Raise repo rates 2. Increase CRR 3. Conduct Open Market Operations (selling G-secs) Select the correct answer:
TopicInflation
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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All these reduce money supply, helping curb inflation.
Final Answer: Option D - 1, 2 and 3