MCQOPTIONS
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| 1. |
In the context of Indian economy, what does 'open market operation' refer to? |
| A. | Borrowing from RBI by Scheduled Banks |
| B. | Lending by commercial banks to industry and trade sectors |
| C. | Buying and selling of government securities by RBI |
| D. | neither of the above |
| Answer» D. neither of the above | |