Get Started
5668

Q:

If the RBI adopts an expansionist open market operations policy, this means that it will

  • 1
    buy securities from non-government holders
  • 2
    sell securities in the open market
  • 3
    offer commercial banks more credit in the open market
  • 4
    openly announce to the market that it intends to expand credit
  • Show Answer
  • Workspace

Answer : 3. " offer commercial banks more credit in the open market"

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today