MCQOPTIONS
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MCQOPTIONS
| 1. |
Open market operation refers to |
| A. | borrowing by commercial banks from the R.B.I. |
| B. | lending by scheduled banks to non-scheduled banks |
| C. | purchase and sale of Government securities by the R.B.I. |
| D. | purchase and sale of bonds and securities by the Central Govt. |
| Answer» D. purchase and sale of bonds and securities by the Central Govt. | |