15. What are the tools of Indian monetary policy ? OMO CRR REPO SLR BANK RATE
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24. “ The whole thing is that ke bhaiya sabse bada rupaiya Int rate ceiling on FCNR deposit reduced 50 bps to LIBOR – 75 bps Ceiling on overseas investment for mutual funds increased from $3 to $4 billion Int rate ceiling on NRE deposit reduced 50 bps to LIBOR/SWAP Prepayment of ECB’s up from $300 million to $400 million Overseas investment limit for Indian JV’s enhanced from 200 to 300% of net worth Remittance limit up from $50000 to $100000 per year for individuals Limit for Portfolio Investment Abroad enhanced from 25% to 35% of net worth Increase limits from $1M to $10M for consultancy for infrastructure projects