Recently, the European Central Bank (ECB) announced that it would introduce a big programme of quantitative easing. Which among the following comprise quantitative easing? 1. Cutting Interest Rates 2. Pumping Money in the economy directly 3. Issuing Bonds in the market Select the correct option from the codes given below:

Answer: [C] 2 only

This question is a part of GKToday's Integrated IAS General Studies Module