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Question : Which of the following is one of the Open Market Operations of the Reserve Bank of India?

Option 1: Buying and selling of bonds issued by the Government in the open market

Option 2: Buying and selling of bonds issued by commercial banks in the open market

Option 3: Only buying of bonds issued by the Government in the open market

Option 4: Only selling of bonds issued by the Government in the open market


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Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Buying and selling of bonds issued by the Government in the open market


Solution : The correct option is Buying and selling bonds issued by the Government in the open market .

Open Market Operations (OMO) refers to the buying and selling of government securities by a central bank. These operations are conducted to control the money supply, liquidity, and interest rates in the economy.

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