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Identify the following Credit Control measure undertaken by the Central Bank during inflation. The Central Bank sells government approved securities to the public. - Economic Applications

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Question

Identify the following Credit Control measure undertaken by the Central Bank during inflation.

The Central Bank sells government approved securities to the public.

Answer in Brief
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Solution

  1. Selling government-endorsed securities to the general public is called Open Market Operations (OMO). 
  2. The central bank controls inflation by reducing economic liquidity by selling securities.
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Monetary Policy of the Central Bank
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Chapter 9: Central Banks - QUESTIONS [Page 216]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 9 Central Banks
QUESTIONS | Q 8. (a) | Page 216
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