Question
Which of the following statements is/are correct about
Open Market Operations? I. It refers to the mechanism through which RBI purchases and sells government securities in the form of bills and bonds to the banks as well as financial institutions. II. It is mandatory for a bank to buy government securities through OMO.Solution
Explanation: It is Not mandatory for the bank to buy government securities through OMO.
The Securities and Exchange Board of India (SEBI) has relaxed the framework mandating large corporates (LCs) to access the corporate bond market for deb...
Industry chamber FICCI has appointed ______ as its new director-general.
Which of the following organization launched Supervisory monitoring system “DAKSH”?
Narotam Sekhsaria is the author of the biography?
Recently PM Modi opens 75 digital banking units, which of the following public sector bank opens highest number of Digital Banking Units?
Which of the following bank has been given approval to conduct government business?
Which bank has tied up with Cholamandalam MS General Insurance to offer health and general insurance products to its customers?
The Chemical name of ‘Washing Soda’ is –
Which bank has been appointed by Reserve Bank of India as an authorized pension disbursement bank on behalf of the Central Pension Accounting Office (...
Gustavo Petro has recently became the President of which country?
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