If the RBI adopted an expansionist open market operations policy, this means that it will
If the RBI adopted an expansionist open market operations policy, this means that it will
A). buy securities from non-government holders
B). offer commercial banks more credit 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
1 answers
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.
Other Questions
1. The Ex-Officio Secretary of National Development Council is:
2. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
3. The Foreign Exchange Management Act(FEMA) was passed in:
4. National Electricity Policy envisages elimination of power shortage by 2012 through addition of:
5. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
6. The first wholly Indian Bank was set up in
7. Non Tax revenues can be increased by improving the working of the
8. Paper currency first started in India in
9. During which five Year plan was phase of heavy industrialization initiated?