In the context of Indian economy, 'Open Market Operations' refers to
Aborrowing by scheduled banks from the RBI
Blending by commercial banks to industry and trade
Cpurchase and sale of government securities by the RBI
DNone of the above
Answer & Solution
Correct answer: C. purchase and sale of government securities by the RBI
UPSC CSE Prelims 2013 (GS-I, Set A), Q.75. Official answer key: C.
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