Economics · Monetary Policy
Open Market Operations (OMO) refer to:
- 1Buying and selling of equities by commercial banks in the open market.
- 2Buying and selling of government securities in the open market by the RBI.✓
- 3Buying and selling of mutual funds by commercial banks.
- 4Buying and selling of foreign exchange reserves by general public.
Correct answer
Buying and selling of government securities in the open market by the RBI.
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