Economics · Economy
Consider the following statements: I. Open Market Operations (OMOs) in India are conducted through the RBI buying and selling both corporate bonds and government securities in the open market. II. When the RBI buys government securities, liquidity in the system decreases and interest rates tend to rise. III. OMOs are used exclusively to regulate the exchange rate of the Indian Rupee. IV. OMOs are a part of the RBI's monetary policy instruments to influence money supply and liquidity in the economy. How many of the above statements are correct?
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