Let's learn and revise rapidly 10 terms of Monetary Policy, important for UPSC Prelims.
The terms are:
1. Repo Rate
2. Reverse Repo Rate
3. Liquidity Adjustment Facility (LAF)
4. Marginal Standing Facility (MSF)
5. Corridor
6. Bank Rate
7. Cash Reserve Ratio (CRR)
8. Statutory Liquidity Ratio (SLR)
9. Open Market Operations (OMOs)
10. Market Stabilisation Scheme (MSS)
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