2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank revised the market hours of government securities from 9:00 AM to 3:30 PM to 9:00 AM to 5:00 PM?
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RBI
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SBI
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PNB
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BOB
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Explanation:
Detailed explanation-1: -The Reserve Bank of India in its February Monetary Policy Committee (MPC) meeting on Wednesday fully restored the government securities market timings to the pre-pandemic period which was 9 am to 5 pm for all instruments.
Detailed explanation-2: -RBI Monetary Policy Date And Time The live press conference will begin at 10 AM.
Detailed explanation-3: -Answer. Explanation : The Reserve Bank of India (RBI) purchases government securities in a bid to decrease the stock of money in the economy. This process is known as Open Market Operations (OMOs).
There is 1 question to complete.