Open Market Operations refer to __________
A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
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Answer:
Deposit mobilisation is the answer
Explanation:
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Explanation:
Open market operations refer to central bank purchases or sales of government securities in order to expand or contract money in the banking system and influence interest rates.
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