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Question

Which institution conducts the Open Market Operations (OMO) sales of government securities in India?
  • NITI Aayog
  • SEBI
  • Ministry of Finance
  • RBI
Answer- D

The Reserve Bank of India conducts the Open Market Operations (OMO) sales of government securities.

RBI recently made an announcement regarding the possibility of conducting OMO sales to regulate liquidity within the financial system.