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Today General Knowledge(GK)
What is known as the open market operation of the RBI ?
A)
Trading in securities
B)
Transactions in gold
C)
Buying and selling of stocks
D)
Auctioning of foreign exchange

Correct Answer : Option (C) - Buying and selling of stocks



OMOs are the market operations conducted by the Reserve Bank of India by way of sale/ purchase of Government securities to/ from the market with an objective to adjust the rupee liquidity conditions in the market on a durable basis.

Published On : June 26, 2021
Category : Indian Economy
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