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Q. |
In periods of boom, which leads to economic instability, Reserve Bank resorts to |
A. | sale in the market of first class securities in its possession to reduce the supply of money as a measure of open market operations |
B. | buying of approved securities in the market as a measure of pen market operations |
C. | hike in the bank rate as a measure of open market operations |
D. | none of these |
Answer» A. sale in the market of first class securities in its possession to reduce the supply of money as a measure of open market operations |
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