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With reference to RBl's Open Market Operations (OMO), consider the following statements:
  1. It is the sale and purchase of government securities and treasury bills by the RBI.
  2. The RBI does not undertake OMO of securities issued by State governments.
  3. Its objective is to regulate the money supply in the economy.
  4. The RBI carries it out through Commercial banks and does not directly deal with the public.
Which of the statements given above are correct?
  • a)
    1, 3 and 4 only
  • b)
    1 and 3 only
  • c)
    2 and 4 only
  • d)
    1, 2, 3 and 4 
Correct answer is option 'A'. Can you explain this answer?
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With reference to RBls Open Market Operations (OMO), consider the foll...
Recently retail direct government securities is initiated so...it does deal with the public(individual account holders)
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With reference to RBls Open Market Operations (OMO), consider the foll...
B)1 and 3 only
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With reference to RBls Open Market Operations (OMO), consider the following statements: It is the sale and purchase of government securities and treasury bills by the RBI. The RBI does not undertake OMO of securities issued by State governments. Its objective is to regulate the money supply in the economy. The RBI carries it out through Commercial banks and does not directly deal with the public.Which of the statements given above are correct?a)1, 3 and 4 onlyb)1 and 3 onlyc)2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer?
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With reference to RBls Open Market Operations (OMO), consider the following statements: It is the sale and purchase of government securities and treasury bills by the RBI. The RBI does not undertake OMO of securities issued by State governments. Its objective is to regulate the money supply in the economy. The RBI carries it out through Commercial banks and does not directly deal with the public.Which of the statements given above are correct?a)1, 3 and 4 onlyb)1 and 3 onlyc)2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to RBls Open Market Operations (OMO), consider the following statements: It is the sale and purchase of government securities and treasury bills by the RBI. The RBI does not undertake OMO of securities issued by State governments. Its objective is to regulate the money supply in the economy. The RBI carries it out through Commercial banks and does not directly deal with the public.Which of the statements given above are correct?a)1, 3 and 4 onlyb)1 and 3 onlyc)2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to RBls Open Market Operations (OMO), consider the following statements: It is the sale and purchase of government securities and treasury bills by the RBI. The RBI does not undertake OMO of securities issued by State governments. Its objective is to regulate the money supply in the economy. The RBI carries it out through Commercial banks and does not directly deal with the public.Which of the statements given above are correct?a)1, 3 and 4 onlyb)1 and 3 onlyc)2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer?.
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