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  9. Q170

RRB Group D (Level-1 posts) 2014 · Question 170 of 324

Which one of the following is not true for the Repo operations?

  1. AIt increases availability of foreign exchange.Correct
  2. BIn a Repo, operation object is to regulate credit flow.
  3. CIn a Repo operation object is to control liquidity in the financial system.
  4. DIt is conducted by Commercial Banks.

Answer: A. It increases availability of foreign exchange.

Official answer key verified. Detailed explanation coming soon.

Source: Railway Group-D Questions – Gorakhpur (16 Nov 2014) · reliable-secondary

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