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Question

Which of the following terms is not directly associated with the functioning of RBI?

A
Open Market Operations
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B
Cash Reserve Ratio
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C
SENSEX
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D
Liquidity Adjustment Facility
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Solution

The correct option is C SENSEX
SENSEX is a stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange. It is not directly associated with the functioning of RBI.

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