In the time of monetary shortage, RBI can buy commercial bills from the market. By using this method what does RBI provide to the market?

Question

TuteeHUB · Accepted Answer

There is no effect on the credit situation in the market.

TuteeHUB · Answer

It sucks credit from the market.

TuteeHUB · Answer

It injects credit into the market.

TuteeHUB · Answer

None of these

1.	In the time of monetary shortage, RBI can buy commercial bills from the market. By using this method what does RBI provide to the market?
A.	It sucks credit from the market.
B.	It injects credit into the market.
C.	There is no effect on the credit situation in the market.
D.	None of these
Answer» C. There is no effect on the credit situation in the market.

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