#64. What is OMO? Open Market Operations by RBI | Detailed Explanation | Economy | UPSC

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What is "Open Market Operations" by #RBI
Open Market Operation (OMO) is the buying and selling of government securities in the open market, hence the nomenclature. It is done by the central bank in a country (the RBI in India). When the central bank wants to infuse liquidity into the monetary system, it will buy government securities in the open market.


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