Multiple choice

Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, mean

  1. sale or purchase of government securities

  2. issuance of different types of bonds

  3. auction of gold

  4. to make available direct finance to <font face="Arial" size="2">borrowers</font>

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Option 1 is correct.

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