Practicing Success
In case of deficit demand, the Central Bank of India (RBI) will change its monetory policy related to open market operation. Identify the action to be taken by RBI accordingly. |
RBI will buy government securities RBI will sell government securities RBI may not buy government securities RBI will not take any action related to government securities |
RBI will buy government securities |
The correct answer is option (1) : RBI will buy government securities Explanation:
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