UPSC PYQPrelims 2023

Civil Services Examination · प्रश्न 24

Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?

  1. Conducting 'Open Market Operations'
  2. Oversight of settlement and payment systems
  3. Debt and cash management for the Central and State Governments
  4. Regulating the functions of Non-banking Financial Institutions
उत्तर देखें और व्याख्या

उत्तर: (A) Conducting 'Open Market Operations'

व्याख्या

Sterilisation offsets the liquidity impact of forex interventions, mainly through OMOs.