Consider the following measures
1. Repo Rate
2. Cash Reserve Requirement
3. Reverse Repo Rate
Which of the measures given above is/are major instrument(s) used in the Liquidity Adjustment Facility (LAF)?


A) 1 and 2

B) 1 and 3

C) 2 and 3

D) Only 2

Correct answer:
B) 1 and 3



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