Open market operations are mainly used as ______?

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Q 1527080881.     Open market operations are mainly used as ______?



A

A fiscal device which assists Government borrowing

B

A monetary measure to regulate quantity of money in circulation and the cash reserves of the commercial banks

C

A measure to counteract extreme trends in business

D

A measure to influence the balance of payments position

E

None of the above

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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