Explain the concept of open market operations (OMO) in order to manage liquidity and financial conditions in the country. What is its impact on various macroeconomic parameters?
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. Explain the concept of open market operations (OMO) in order to manage liquidity and financial conditions in the country. What is its impact on various macroeconomic parameters? (250 words) Difficulty level: Easy Reference: Insights on India Why the question: …