Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?
Options
(a)Conducting 'Open Market Operations'
(b)Oversight of settlement and payment systems
(c)Debt and cash management for the Central and State Governments
(d)Regulating the functions of Non-banking Financial Institutions
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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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