The excitation of parametric instabilities by radio waves in a magnetoplasma is discussed. A uniform medium is assumed and linear approximations are used. Excitation by a pump wave of ordinary polarization is hardly affected by the magnetic field. Low or zero frequency ion waves and high frequency Langmuir waves are excited simultaneously. For an extraordinary pump wave, the excited high frequency electrostatic waves are in the Bernstein mode. The threshold is slightly higher and excitation can occur only within certain ‘allowed’ frequency bands. A new type of parametric instability in which the excited waves are electromagnetic in nature and which is more strongly affected by the inhomogeneous nature of the medium is discussed qualitatively.