Distinguish between Bank Rate and Open - Market - Operations.
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bank rates r high and open market is low
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Explanation:
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Difference Bank Rate and Open - Market - Operations.
Bank Rate - Bank rate is the rate which the central bank charges for giving loans and accommodation to the commercial bank
Open - Market - Operations.
Deliberate purchase and sale of government securities in the money market by the central banks with the objectives of expansion or contraction of credit and general activity
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