Which of the following is not an instrument of credit control?

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Repo rate

CRR

SLR

Managed floating

answer is D.

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Detailed Solution

A managed floating exchange rate is an exchange rate system that allows a nation's central bank to intervene regularly in foreign exchange markets to change the direction of the currency's float and/or reduce the amount of currency volatility. This exchange rate system is also known as a “dirty float”.

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