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