No products in the cart.

Explain how open market are helpful …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Explain how open market are helpful in controlling credit creation
  • 1 answers

Yogita Ingle 5 years, 3 months ago

Open Market Operations refer to the buying and selling of securities either to the public or to the commercial banks in an open market. Open Market operations refer to the buying and selling of securities in an open market, in order to affect the money supply in the economy. The selling of securities by RBI will wipe out the extra cash balance from the economy, thereby limiting the money supply resulting in controlled credit creation.
To summarise,
Selling of securities in the open market⇒ Extra Cash Balance↓⇒ Money supply ↓(Controlled Credit Creation)

http://mycbseguide.com/examin8/

Related Questions

Trends in credit availability
  • 0 answers
What is receipt?
  • 0 answers
Economics project on function of RBI
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers
What is deficit ?
  • 1 answers
Two types of marke diagram and explanation
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App