Open market operations refer to the sale and purchase by the RBI of:
A)gold
B)foreign exchange
C)government securities
D)all the above

Name: Open market operations refer to the sale and purchase by the RBI of: A)gold B)foreign exchange C)government securities D)all the above
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Question

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Open market operations specifically refer to the buying and selling of government securities by the Reserve Bank of India (RBI) to control the money supply in the economy.

Open Market Operations Refer to the Sale and Purchase by the RBI