Consider the following measures that RBI uses to control inf

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Consider the following measures that RBI uses to control inflation in the economy.

1. Increase Bank Rate

2. Increase Cash Reserve Ratio

3. Increase Statutory Liquidity Ratio

4. Purchase of government securities

Select the correct answer from the codes given below :

U.P. R.O./A.R.O. (Re-Exam) (Pre) 2016

[Fiscal Policy, Inflation Planning and Banking]

Only 1 and 2

Only 1, 2 and 3

Only 2, 3 and 4

Only 1, 3 and 4

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