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Which among the following is/are correct with respect to the Reserve Bank of India’s Open Market Operations?1. It is the rate at which the banks are able to borrow overnight funds from RBI against the approved government securities.2. It is one of the qualitat ive tools of RBI under his monetary po licy.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which among the following is/are correct with respect to the Reserve Bank of India’s Open Market Operations?1. It is the rate at which the banks are able to borrow overnight funds from RBI against the approved government securities.2. It is one of the qualitat ive tools of RBI under his monetary po licy.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which among the following is/are correct with respect to the Reserve Bank of India’s Open Market Operations?1. It is the rate at which the banks are able to borrow overnight funds from RBI against the approved government securities.2. It is one of the qualitat ive tools of RBI under his monetary po licy.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.

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