In the context of Indian economy, Open Market Operations refers to

examrobotsa's picture

Submitted by examrobotsa on

Q: 100 (IAS/2013)
In the context of Indian economy, ‘Open Market Operations’ refers to

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,589,104,45,39,589,20

keywords: 

{'open market operations': [0, 0, 0, 1], 'indian economy': [0, 3, 3, 5], 'government securities': [0, 1, 0, 5], 'commercial banks': [0, 0, 1, 1], 'banks': [5, 6, 5, 25], 'rbi': [1, 4, 2, 23], 'lending': [0, 0, 0, 3], 'industry': [4, 6, 11, 27], 'sale': [0, 0, 0, 5]}

In the context of the Indian economy, `Open Market Operations` refers to the purchase and sale of government securities by the Reserve Bank of India (RBI).

Therefore, the correct answer is:

Purchase and sale of government securities by the RBI.