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Doctors Medicines MCQs Q&A

  1. Open Market Operations
  2. Taxation
  3. Public borrowing
  4. Public expenditure
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1 Answers

Option 1 : Open Market Operations

Open market operations (OMO) refers 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, facilitated by the Reserve Bank. It is an instrument of monetary policy.
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