MCQOPTIONS
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| 1. |
Over-funding is when the State Bank of Pakistan ? |
| A. | sells less government bonds than are required to finance the PSBR |
| B. | sells more government bonds than are required to finance the PSBR |
| C. | sells government securities on the open market |
| D. | buys government securities on the open market |
| Answer» C. sells government securities on the open market | |