MCQOPTIONS
Saved Bookmarks
| 1. |
In periods of boom, which leads to economic instability, Reserve Bankresorts to |
| A. | sale in the market of first class securities in its possession to reduce the supply of money as a measure of open market operations |
| B. | buying of approved securities in the market as a measure of pen market operations |
| C. | hike in the bank rate as a measure of open market operations |
| D. | none of these |
| Answer» B. buying of approved securities in the market as a measure of pen market operations | |