send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
Consider the following statements regarding Open Market Operations
1. Open market operations (OMO) refers 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.
2. It is conducted by Commercial Banks.
Which of the statements given above is/ are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Statement 1 is correct.
2 is incorrect. Open Market Operations is conducted by RBI where it buys or sells govt. bonds.
By: Kritika Kaushal ProfileResourcesReport error
Access to prime resources
New Courses