Which one of the following activities of the Reserve Bank of India is considered to be part of "sterilization"?
Question:
Which one of the following activities of the Reserve Bank of India is considered to be part of "sterilization"?
Which one of the following activities of the Reserve Bank of India is considered to be part of "sterilization"?
Options
Answer: Conducting Open Market Operations
Explanation:
Sterilization involves the RBI’s Open Market Operations to neutralize the effects of foreign exchange inflows on domestic money supply.
Explanation:
Sterilization involves the RBI’s Open Market Operations to neutralize the effects of foreign exchange inflows on domestic money supply.
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