GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Open-market operations of Reserve Bank of India refer to?
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Auctioning
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Trading in securities
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Transaction in gold
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All of these
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Explanation:
Detailed explanation-1: -The correct answer is The act of RBI selling or buying government bonds from commercial banks.
Detailed explanation-2: -Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.
Detailed explanation-3: -The correct option is A True The RBI sells securities in the open market using the monetary tool of open market operations. Q. When the RBI makes open market operations by sale of securities the money supply in the banking system?
There is 1 question to complete.