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Question
What does OMO stand for?
What does OMO stand for?
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Solution
OMO stands for Open Market Operations. It is a mechanism by which a central bank can purchase or sell bonds in the open market. It is an effective mechanism to control the liquidity in the market.
Also read:
- Open Market Operations
- Difference Between Monetary Policy and Fiscal Policy
- Difference Between Contractionary and Expansionary Fiscal Policy
Learn about more questions and answers on business studies and various other commerce topics from our website.
OMO stands for Open Market Operations. It is a mechanism by which a central bank can purchase or sell bonds in the open market. It is an effective mechanism to control the liquidity in the market.
Also read:
- Open Market Operations
- Difference Between Monetary Policy and Fiscal Policy
- Difference Between Contractionary and Expansionary Fiscal Policy
Learn about more questions and answers on business studies and various other commerce topics from our website.
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