Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Open Market operations(OMO)?

Answer Posted / deepak

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 by RBI. Open market operations are the principal tools of monetary policy.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What's Collection of Bills?

1091


How do I submit e-application?

1062


What is funding?

1203


What is online banking?

1177


Why is kyc important?

1056


How can investment in mutual fund be beneficial?

1180


What are Preference Shares?

1158


How far are the different government schemes useful to the poor?

1168


Why are venture capitalists opposite to angel investors?

1123


What do you know about base rate?

1238


What are Basel norms in context of Banking?

1090


Give Any Three Characteristics of a Company?

1117


What is Underwriting Commission?

1257


What is bandhan bank? How is it different from other public and private banks?

1077


What are the advances that the banks grant to their customers for their financial assistance?

1056