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1068

Q: Open market operation is a part of

  • 1
    Debit Policy
  • 2
    Deposit Policy
  • 3
    Credit Policy
  • 4
    None of above
  • Show Answer
  • Workspace

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.

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