Which market facilitates the conduct of monetary policy of an economy ?
The Money Market (dealing in short-term liquid financial instruments like Treasury Bills, Call Money, and Repos) serves as the primary transmission channel through which the…
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Which market facilitates the conduct of monetary policy of an economy ?
Answer and explanation
Correct answer A
The Money Market (dealing in short-term liquid financial instruments like Treasury Bills, Call Money, and Repos) serves as the primary transmission channel through which the central bank (RBI) conducts Monetary Policy.
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