Q: Which of the following indicators is/are used to observe the monetary transmission mechanism in the economy? 1. Weighted average lending rate 2. Weighted average domestic term deposit rate 3. 1-year median MCLR 4. SDF rate Select the correct answer using the code given below.
(a)1 and 2 only
(b)1, 2 and 3
(c)3 and 4
(d)4 only
Correct Answer: (b)
The correct answer is (a) '1 and 2 only'. Among the 3 statements given, this option correctly identifies which statements are accurate regarding Numerical Ability (Quantitative Aptitude & Data Interpretation).