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


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