search
arrow-left Previous
Next arrow-right
Q: Open Market Operation refers to the sale and purchase of ...............by RBI.
  • A. Immovable Property
  • B. Foreign Currency
  • C. Bunions
  • D. Government Securities
Correct Answer: Option D - 'Open Market Operation (OMOs)' are market operation conducted by RBI by way of the sale/purchase of Government Securities from the market with the objective to adjust the rupee liquidity condition in the market on a durable basis.
D. 'Open Market Operation (OMOs)' are market operation conducted by RBI by way of the sale/purchase of Government Securities from the market with the objective to adjust the rupee liquidity condition in the market on a durable basis.

Explanations:

'Open Market Operation (OMOs)' are market operation conducted by RBI by way of the sale/purchase of Government Securities from the market with the objective to adjust the rupee liquidity condition in the market on a durable basis.