SSC Economics Sample Paper NCERT Sample Paper-4

  • question_answer
    Which of the following statements is/are correct?
    1. European Central Bank (ECB) has announced the new bond buying programme called Outright Monetary Transactions (OMT).
    2. ECB includes unlimited purchases of bond with period of 1-3 years, subject to conditionality.

    A)  Only 1 

    B)  Only 2

    C)  Both 1 and 2    

    D)  neither 1 nor 2

    Correct Answer: C

    Solution :

    [c] A necessary condition for OMT is strict and effective conditionality attached to an appropriate European Financial Stability Facility European Stability Mechanism (EFSFIESM) programme.

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