Question

In the context of Indian economy, ‘Open Market Operations’ refers to

(a) borrowing by scheduled banks from the RBI
(b) lending by commercial banks to industry and trade
(c) purchase and sale of government securities by the RBI
(d) None of the above

Answer 1

Answer is C.) purchase and sale of government securities by the RBI.

Answer 2

the correct answer is option c.purchase and sale of government securities by the RBI