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With reference to the Indian economy, ‘Open Market Operations’ are:a)Borrowing by scheduled banks from the RBIb)Lending by commercial banks to industry and tradec)Purchase and sale of government securities by the RBId)None of the aboveCorrect answer is option 'C'. 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 the Indian economy, ‘Open Market Operations’ are:a)Borrowing by scheduled banks from the RBIb)Lending by commercial banks to industry and tradec)Purchase and sale of government securities by the RBId)None of the aboveCorrect answer is option 'C'. 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 the Indian economy, ‘Open Market Operations’ are:a)Borrowing by scheduled banks from the RBIb)Lending by commercial banks to industry and tradec)Purchase and sale of government securities by the RBId)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.

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