Question:
If the RBI adopts an expansionist open market operations policy, this means that it will :
Abuy securities from non-government holders
Bsell securities in the open market
Coffer commercial banks more credit in the open market
Dopenly announce to the market that it intends to expand credit
Answer:
C. offer commercial banks more credit in the open market
Explanation:
If the RBI adopts an expansionist open market operations policy, this means that it will offer commercial banks more credit in the open market.