Which institution conducts the Open Market Operations sales of government securities in India?
Reserve Bank of India
|
|
2/5 |
The Reserve Bank of India conducts the Open Market Operations sales of government securities. RBI recently made an announcement regarding the possibility of conducting OMO sales to regulate liquidity within the financial system. The central bank did not provide a specific timeline for this proposal. As a result, the yield on the 10-year benchmark government bonds surged by 12 basis points to reach 7.34 percent.
More topics
The Prime Minister of India launched ‘Jal Sanchay Jan Bhagidari’ in which state?
Gujarat
The country's first government-run OTT platform?
C space
Which campaign to encourage cleanliness at pilgrimage sites was recently started by Prime Minister Narendra Modi?
Swachh Mandir Campaign