Economics · Monetary Economics

Open Market Operations (OMO) carried out by the Central Bank refer to:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1borrowing by scheduled commercial banks from the Reserve Bank of India
2lending by commercial banks to industry and trade sector
3purchase and sale of government securities by the central bank in the open market✓
4mobilization of public deposits by commercial banks

Correct answer

purchase and sale of government securities by the central bank in the open market

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