Question
In conducting Open Market Operations (OMO), RBI targets
to regulated-Ā ĀSolution
RBIās mandate is to manage inflation in the economy. OMO refers to the purchase and sale of the Government securities (G-Secs) by RBI from / to market. OMOs are conducted to adjust the rupee liquidity in the economy to ultimately manage inflation. When RBI sells government security in the markets, the banks purchase them, which reduce money with banks and their ability to lend therefore reducing the money supply in market. The reduced money supply will reduce the purchasing power and reduce inflation.Ā When RBI purchases the securities, the market will have more money supply and it will increase the inflation.
Match the following athletes with their respective sports:Ā
Which 'Stadium - Location' pairing is incorrect?
I) Eden Gardens - Kolkata
II) DY Patil Stadium - Ahmedabad
Select the correct code:
Which of the following is the only large river in the Indian desert?
Which state is known for the significant chromite reserves in the Sukinda valley?
Which is the tallest waterfall in the world?
Who built the temple āPattadakalā?
Which organization committed $1.6 billion for Phase-I development of Amaravati, Andhra Pradesh's capital city?
If an Atal Pension Yojana subscriber dies before reaching the age of 60, who is eligible to receive the pension benefits?
With which of the following type of loans the term āteaser rateā is associated?Ā
According to the United Nations' World Economic Situation and Prospects Report, 2019, the Indian economy is expected to expand by ______in 2020.
