Discussion :: Indian Economy
- If the RBI adopted an expansionist open market operations policy, this means that it will
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A.
buy securities from non-government holders |
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B.
sell securities in the open market |
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C.
offer commercial banks more credit in the open market |
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D.
openly announce to the market that it intends to expand credit |
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Answer : Option C
Explanation :
If the RBI adopted an expansionist open market operations policy, this means that it will offer commercial banks more credit in the open market.
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