Open market operation Current Affairs, GK & News
RBI to conduct simultaneous purchase & sale of govt securities under OMO for Rs 10,000 crore
The Reserve Bank of India (RBI) have decided to conduct simultaneous purchase and sale of government securities under the Open Market Operation (OMO) for Rs 10,000 crore. Key Facts Simultaneous purchase and sale of government securities under OMOs is known as Operation Twist. Under the operation, the short-term securities are transitioned into long term securities. ..
Month: Current Affairs - September, 2020
Category: Economy & Banking Current Affairs
Topics: Government Securities • Open market operation • Operation Twist • Reserve Bank of India • treasury bills
What is the objective of RBI’s new 20000 cr-special OMO?
In a recent announcement, the Reserve Bank of India declared its intention to conduct simultaneous purchase and sale activities of government securities under the Open Market Operations for an amount of Rs 20,000 crore in two channels. Open Market Operation (OMO) An open market operation is an activity of the central bank that is associated ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Topics: Central Bank of India • Economy • Open market operation • RBI • Reserve Bank of India
What is the special OMO which has been launched by the RBI? How does it impact the economy?
The Reserve Bank of India recently declared that it is going to conduct simultaneous purchase and sale activities of government securities under the Open Market Operations for an amount of Rs 20,000 crore in two channels. Open Market Operation (OMO) An open market operation (OMO) is the activity of the central bank that is associated ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Topics: Economy • Open market operation • RBI • Reserve Bank of India
RBI conducts OMO for purchase of Rs 10,000 crore worth government securities
The Reserve Bank of India (RBI) is conducting Open Market Operations (OMO) in the form of purchase of Rs 10,000 crore worth government securities. This important step of the central bank has been announced at the backdrop of the increased risks of COVID-19 pandemic. The operation would increase the liquidity in the Indian economy and ..
Topics: Coronavirus • Open market operation • Reserve Bank of India
RBI’s Surplus Transfer
The Reserve Bank of India has transferred a surplus of Rs. 1.76 lakh crores to the Indian Government. This payment, which is equal to 1.25% of the Indian GDP (in nominal rates for 2018-19) aims to provide some breathing space for the Indian government and allow it to make a higher capital expenditure on infrastructure ..
Topics: Banking • Banks • Bimal • Central bank • Economy • Finance in India • Financial services • Indian Economy • Monetary Policy • Monetary reform • Open market operation • RBI • RBI Surplus • Reserve Bank of India