Find the odd man out.

Which is not a tool of Monetary Policy?

The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the surety of government and other approved securities under the liquidity adjustment facility is known as :

The (fixed) interest rate at which the Reserve Bank absorbs liquidity, on an overnight basis, from banks against the surety of eligible government securities under the LAF is known as :

Which provides a safety valve against unexpected liquidity shocks to the banking system?

Identify the correct option based on the sentence: "This rate has been aligned to the MSF rate and, therefore, changes automatically as and when the MSF rate changes."

The average daily balance that a bank is required to maintain with the Reserve Bank as a share of such percentage of its Net Demand and Time Liabilities (NDTL) is known as :

The share of Net Demand and Time Liabilities (NDTL) that a bank is required to maintain in safe and liquid assets is known as :

Open Market Operations means :

Which of these tools for monetary management was introduced in 2004?