Open market operation refers to - 20486

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Ruchi Sharma • 9.84K Points
Tutor III Economic

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Q. Open market operation refers to

(A) Purchase and sale of Government securities by the R.B.I.

(B) Purchase and sale of bounds and securities by the Central Govt.

(C) Borrowing by commercial banks from the R.B.I.

(D) Lending by scheduled banks to non-scheduled banks

Correct Answer - Option(A)

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