Sawaal
4
Q:

Open market operation is a part of

A) Debit Policy B) Deposit Policy
C) Credit Policy D) None of above

Answer:   C) Credit Policy



Explanation:

Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.

Subject: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
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