Operation Twist is an unconventional monetary policy of the Central Bank. Recently, the Reserve Bank of India tried ‘Operation Twist’ in India. Originally, ‘Operation Twist’ was the name given to the US Federal Reserve monetary policy operation. This operation involved the purchase and sale of government securities to boost the economy by bringing down long-term [...]
The post Operation Twist – 7 Key Points to Understand appeared first on ClearIAS.
http://dlvr.it/RWF6dh
http://dlvr.it/RWF6dh
Comments
Post a Comment