Friday, October 26, 2012

If the RBI adopts an expansionist open market operations policy, this means it will


If the RBI adopts an expansionist open market operations policy, this means it will

(a) Sell securities in the open market.
(b) Buy securities from non-government holders.
(c) Openly announce to the market that it intends to expand credit.
(d) Offer commercial banks more credit in the open market

Answer (B)

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