Which one of the following programmes by RBI involves upfront commitment to purchase a specific quan...........

Economic Affairs Public Finance and Debt Management

Which one of the following programmes by RBI involves upfront commitment to purchase a specific quantum of government securities with a view to enabling a stable and orderly evolution of the yield curve?

Long Term Repo Operations

G-sec acquisition programme

Retail Direct Scheme

Variable Rate Reverse Repo Auctions

छोटे Courses बड़े Results

Master Public Finance and Debt Management

Prepare through Micro-courses

Try Now

Explanation:

Explanation:
Inputs from ESI 2021-22: A secondary market G-sec acquisition programme (G-SAP) - which was announced during the year added to the surplus liquidity during the period. G-SAP involves upfront commitment to purchase a specific quantum of government securities with a view to enabling a stable and orderly evolution of the yield curve. RBI purchased G-secs (including state development loans) amounting to `1 lakh crore under G-SAP 1.0 and `1.2 lakh crore under G-SAP 2.0.