Question
In conducting Open Market Operations (OMO), RBI targets
to regulated-Â ÂSolution
RBI’s 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. When RBI purchases the securities, the market will have more money supply and it will increase the inflation.
Which of the following are correct in regard to the austerity measures taken by a country going through adverse economy conditions:
(1) These mea...
The situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high is known as?
The Reserve Bank of India observed ______________, 2022 as Financial Literacy week 2022.
The ‘Currency Chests’ are store-houses where bank notes and rupee coins are clocked on behalf of:
‘Mission Indradhanush’ launched by the Government of India pertains to?
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
Which of the following is not a recommendation of the task force on direct taxes under the chairmanship of Dr. Vijay L. Kelkar in the year 2002?Â
Which of the following best describes the primary purpose of the ASBA process?
The Paris Agreement is a legally binding international treaty on climate change whose overarching goal is to hold the increase in the global average t...
The International Solar Alliance (ISA) is an alliance of ________countries initiated by India.
