Join ExamsbookAnswer : 3. "Credit Policy"
Open market operation is a part of5
Q: Open market operation is a part of
- 1Debit Policyfalse
- 2Deposit Policyfalse
- 3Credit Policytrue
- 4None of abovefalse
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Answer : 3. "Credit Policy"
Explanation :
Answer: C) Credit Policy Explanation: Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.