Economy UPPSC 2010 GS-I
Question

Open-market operations of Reserve Bank of India refer to

Answer & Solution

Answer: (Detailed Solution Below)

Option A: trading in securities

Detailed Solution:

The correct answer is “trading in securities”.

Open market operations (OMOs) are a tool used by the Reserve Bank of India (RBI) to buy and sell government securities and other financial assets from and to banks and financial institutions.

Similar Questions:

India in recent past has succeeded in attracting large foreign investments in

1. Life Insurance Business
2. Services sector
3. Computer software and hardware
4. Trading
5. Telecommunications
6. Automobile industry

Select the correct answer from the codes given below:
Codes:
  1. 1,2 and 3
  2. 2,4 and 6
  3. 2, 3, 4 and 5
  4. 2, 3, 4, 5 and 6
Put the following events in chronological order and choose your answer with the help of given code:

1) Formation of an interim Government
2) The arrival of the Cabinet Mission
3) Muslim League launches Direct Action
4) Jinnah's wrecking of the Shimla Conference

Codes:
  1. B D C A
  2. D B C A
  3. A B D C
  4. D B A C
The three age system - Stone, Bronze and Iron from the collection of Copenhagen museum was coined by
  1. Thomson
  2. Lubbock
  3. Taylor
  4. Childe
The Hindu rate of growth refers to the growth rate of:
  1. Per Capita Income
  2. National Income
  3. Population
  4. Literacy
Which of the following is a substance abundantly available in the sea and administered in a certain deficiency disease?
  1. Iron
  2. Vitamin A
  3. Fluorine
  4. Iodine
The Anglo-American Culture Realm does not include

1. Canada 2. U.S.A.
3. Mexico 4. Cuba

Select the correct answer from the codes given below:
Codes:
  1. 1 and 2
  2. 1 and 3
  3. 2 an 3
  4. 3 and 4
Given below are two statements, one is labeled as Assertion (A) and the other as Reason (R).

Assertion (A): During the 20th century, poverty and poor people have become the subject of our concern and duty,
Reason (R) : Strategically there was lack of targeted actions due to which this issue got momentum.

Select the correct answer from the code given below :
Code:
  1. (A) is false but (R) is true
  2. (A) is true but (R) is false
  3. Both (A) and (R) are true but (R) is not the correct explanation of (A)
  4. Both (A) and (R) are true and (R) is the correct explanation of (A)
Intake of less than under-noted average daily calories per person has been defined as the "Poverty line" in urban areas by the Planning Commission of India:
  1. 2100
  2. 2400
  3. 2700
  4. 3000
ICC announced a list of 55 Cricket players in 2009 to be included in its inaugural "Hall of Fame" list. Identify from the following cricketers who was not included in the list.
  1. Kapil Dev
  2. Sachin Tendulkar
  3. Sunil Gavaskar
  4. Bishan Singh Bedi
Yapaniya was a school of
  1. Buddhism
  2. Jainism
  3. Saivism
  4. Vaisnavism
The Rangnath Mishra Commission report which was tabled in the Parliament in December 2009, relates to:
  1. Electoral reforms
  2. Police reforms
  3. Religious and Linguistic Minorities
  4. Tax reforms
Trade related intellectual property rights over the following:

1. trademarks
2. industrial designs
3. geographical indications
4. Labour standards

Choose the correct answer with the aid of the code given below:
Code:
  1. 1 only
  2. 1 and 2
  3. 1, 2 and 3
  4. all of the above