MCQOPTIONS
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| 1. |
If the RBI adopts an expansionist open market operations policy, this means that it will |
| A. | buy securities from non-government holders |
| B. | sell securities in the open market |
| C. | offer commercial banks more credit in the open market |
| D. | openly announce to the market that it intends to expand credit |
| Answer» D. openly announce to the market that it intends to expand credit | |