Open market operations of a Central Bank are sale and purchase of ........

Indian Economy (Easy) Money and banking

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Open market operations of a Central Bank are sale and purchase of:

foreigncurrencies

corporatesecurities

tradebills

government securities

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Explanation:

Open market operations or OMOs are conducted by the Reserve Bank of India (RBI) by way of sale and purchase of G-Secs (government securities) to and from the market with an objective to adjust the rupee liquidity conditions in the market on a durable basis.