explain the open market operation policy of central bank
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Open market operations is a tool that the RBI uses to smoothen liquidity conditions through the year and regulate money supply in the economy. ... Open market operations is the sale and purchase of government securities and treasury bills by RBI or the central bank of the country.
Answered by
1
Answer:
Open market operations is a tool that the RBIuses to smoothen liquidity conditions through the year and regulate money supply in the economy. ... Open market operations is the sale and purchase of government securities and treasury bills by RBI or thecentral bank of the country
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