Open Market Operations, Bank Rate, and Cash Reserve Ratio (CRR) are all direct instruments of monetary policy.

Open Market Operations are used to influence the money supply, control inflation, and stabilize the exchange rate.

An increase in the Bank Rate increases the cost of borrowing for banks, which in turn reduces the money supply.

An increase in CRR reduces the amount of money that banks can lend out, which in turn decreases the money supply.

Quantitative Easing is not a direct instrument of monetary policy, but rather an unconventional monetary policy tool.

Repo Rate is the rate at which the central bank lends money to banks on a short-term basis.

An increase in Reverse Repo Rate encourages banks to park their excess funds with the central bank, which in turn increases the money supply.

MSF Rate is the rate at which the central bank lends money to banks on an overnight basis.

Open Market Operations are an example of a quantitative instrument of monetary policy, as they involve the central bank buying or selling government securities in the open market.

Quantitative instruments of monetary policy, such as Open Market Operations, increase the money supply by injecting money into the economy.

Bank Rate is an example of a qualitative instrument of monetary policy, as it affects the cost of borrowing for banks.

The impact of qualitative instruments of monetary policy on the money supply depends on the economic conditions and the specific instrument being used.

Moral Suasion is not a direct instrument of monetary policy, but rather a form of indirect monetary policy.

Moral Suasion is used by the central bank to influence the behavior of banks and other financial institutions without using direct regulatory measures.

Selective Credit Controls are not a direct instrument of monetary policy, but rather a form of indirect monetary policy.

Selective Credit Controls are used by the central bank to control the flow of credit to specific sectors of the economy, such as housing or consumer lending.