CORRECT OPTION is 1, i.e. All the alternatives are correct.LAF, MSF, Bank Rate are the INSTRUMENTS of RBI’s monetary policy.LAF- Liquidity ADJUSTMENT FACILITY allows banks to borrow money through repurchase agreements. Repo rate is an example of LAF.MSF- Marginal standing facility is a tool which lets banks to borrow money from the Reserve Bank of India.Bank rate is the rate charged by the central bank for lending funds to commercial banks. Higher bank rate will translate to higher lending rates by the banks.