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Indian economy miscellaneous

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Indian economy miscellaneous
  1. What is known as the open market operation of the RBI ?
    1. Buying and selling of stocks
    2. Auctioning of foreign exchange
    3. Trading in securities
    4. Transactions in gold
Correct Option: A

OMOs are the market operations conducted by the Reserve Bank of India by way of sale/ purchase of Government securities to/ from the market with an objective to adjust the rupee liquidity conditions in the market on a durable basis.


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