MCQOPTIONS
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| 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 | |