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Which one of the following is not a quantitative credit control measure of the RBI?
  • a)
    Fixing margin requirements
  • b)
    Variable interest rates
  • c)
    Open market operations
  • d)
    Credit rationing
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which one of the following is not a quantitative credit control measu...
Open market operations is a tool that the RBI uses to smoothen liquidity conditions through the year and regulate money supply in the economy. Open market operations are the sale and purchase of government securities and treasury bills by RBI or the country’s central bank.
Hence, the correct option is (c)
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A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.Undercover investigations or so-called sting operations occupy a complex and problematical ethical space in journalism, but it is impossible to faultThe Tribune’s exposé, published after accessingAadhaarsdatabase of names, numbers, and addresses. To begin with, the public interest — which lay in showing how easily the database could be breached and drawing attention to the existence of an organised racket to facilitate this — far outweighed, or more than compensated for, the act of unauthorised access, in this case, secured on payment of a few hundred rupees. The investigation was written up in the best journalistic tradition — it focussed on how the data were being mined for money, it did not leak any Aadhaar numbers or other details to establish this, and it sought and received a response from shocked officials of the Unique Identification Authority of India before going to print. So it would have been a travesty of justice ifThe Tribuneand the reporter who broke the story were treated as accused in the case where the charges include cheating under impersonation. It would have amounted to more than shooting the messenger. It would have constituted a direct attack on free public-spirited journalism and dissuaded attempts to hold public authorities and institutions accountable for shortcomings and promises.Q. Consider the following statements with respect to the The Tribunes report of Aadhaar card data theft and mark the ones that the writer would endorse.A: String operations are unethical and should be charged with cheating under impersonation.B: The problematic ethics of string operation is outweighed by the expose.

Which one of the following is not a quantitative credit control measure of the RBI?a)Fixing margin requirementsb)Variable interest ratesc)Open market operationsd)Credit rationingCorrect answer is option 'C'. Can you explain this answer?
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