UPSC Civil Services Prelims Examination 2021 (Test -III)

Mock Test Series

Test ....
Total Questions: 100

1. Consider the following statements with respect to Government Securities Acquisition Programme (G-SAP):

  1. It is an unconventional monetary policy tool similar to Open Market Operations (OMOs).
  2. The purchase and sale of government securities (G-Secs) is done by the Reserve Bank of India on behalf of government.

Which of the statements given above is/are correct?

A
1 only
B
2 only
C
Both are correct
D
Both are incorrect
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