Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1655)

2019-01-18 Banking

1655.

How much did RBI through the purchase of government securities?

12,000 cr

10,000 cr

15,000 cr

24,000 cr

Answer: Option

Explanation:

Reserve Bank of India announced that it will inject 10,000 crore rupees into the system to increase liquidity through open market operations (OMOs). The offers have been instructed to be submitted in electronic format on the RBI Core Banking Solution (E-Kuber) system. It also plans to inject liquidity under OMOs for 50,000 crore rupees in January 2019.