With reference to the Operation Twist conducted by the Reserve Bank of India(RBI) recently, consider the following statements: 1. Under Operation Twist the RBI conducted simultaneous purchase and sale of government securities under Open Market Operations (OMO). 2. The tool essentially aims at changing the shape of the yield curve through simultaneous buying and selling of long- and short-term government bonds Which of the above statements is/are correct? - Study24x7
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UPSC & State PSC
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With reference to the Operation Twist conducted by the Reserve Bank of India(RBI) recently, consider the following statements: 1. Under Operation Twist the RBI conducted simultaneous purchase and sale of government securities under Open Market Operations (OMO). 2. The tool ess...

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A

1 only

B

2 only

C

Both 1 and 2 only

D

Neither 1 nor 2

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