1.

In periods or boom, which leads to economic instability, the Preserve Banks of India (RBI) resorts to                  IBPS Clerk 2015]

A.  hike in the Bank Rate as a measure of open market operations
B.  buying of approved securities in the market as a measure of open market operations
C.  sale in the market of first class securities in its possession to reduce the supply of money as a measure of open market operations
D.  All of the above
E.  None of the above
Answer» C.  sale in the market of first class securities in its possession to reduce the supply of money as a measure of open market operations


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