UPSC Civil Services Prelims Examination 2021 (Test -III)
Mock Test Series
Test ....
Total Questions: 100
1
1. Consider the following statements with respect to Government Securities Acquisition Programme (G-SAP):
- It is an unconventional monetary policy tool similar to Open Market Operations (OMOs).
- 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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|
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