OMO- Tool to stabilise money supply and government securities prices used by RBI

Q.  Which is a tool that helps RBI to stabilize money supply and prices of Government securities?
- Published on 20 Jul 15

a. EOQ
b. EPQ
c. JIT
d. OMO

ANSWER: OMO
 
An Open Market Operation is an activity by a central bank to buy or sell government bonds on the open market.

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