The term 'Open Market Operations' are conducted by the RBI to:
A. Fix the long-term fiscal deficit target
B. Regulate the stock market directly
C. Determine tax rates
D. Manage liquidity and influence short-term interest rates
Answer: Option D
Solution (By JKSSB Mock Tests)
Open Market Operations involve the buying and selling of government securities by the RBI to inject or absorb liquidity and thereby influence money market interest rates.
Explanation:
Data trusts and data commons are emerging institutional models that seek to govern data as a shared resource, with trustees or collective bodies responsible for managing access and use in accordance with the interests of the data subjects or community.
Explanation:
Foreign direct investment is a component of the Capital Account. Current Account includes merchandise trade, invisibles (services), and unilateral transfers.
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