Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 1034)
1034.
RBI conducted the simultaneous purchase of Government Securities maturing between 2027 and 2033, and sale of 182 day and 364 day treasury bills under Open Market Operations for how much worth each?
Answer: Option
Explanation:
Reserve Bank of India conducted the simultaneous purchase of Government Securities, maturing between 2027 and 2033, and sale of 182 day and 364 day treasury bills (DTBs) under Open Market Operations for Rs 10,000 crore each. This OMO is a part of "Operation Twist" to ease pressure evolving liquidity and market conditions. The main purpose of the OMO is to bring down the yields at the longer end.
Discussion:
Be the first person to comment on this question !
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers