In the context of Indian economy, ‘Open Market Operations’ refers to
Options
(a)borrowing by scheduled banks from the RBI
(b)lending by commercial banks to industry and trade
(c)purchase and sale of government securities by the RBI
(d)None of the above
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Class 12Money and Banking— NCERT Economics, Chapter 3. Money is the commonly accepted medium of exchange that removes barter's need for a double coincidence of wants; it is also a unit of account and a store of value.…
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