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

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