McqMate
| 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 | |
View all MCQs in
Banking Services Management (BSM)No comments yet