The Reserve Bank of Australia (RBA) Undertook Actions in Regards

question 78

Multiple Choice

The Reserve Bank of Australia (RBA) undertook actions in regards to their open market operation in the post global financial crisis environment to move financial markets towards greater stability.This was achieved by:

• A)increasing the maturity of repos to reduce money pressure in the money market over the longer term.
• B)increasing RBA holdings of non-government securities for use with repos due to the shortage of government securities.
• C)increasing the supply of deposits held by banks and other authorised deposit-taking institutions in their exchange settlement accounts held with the RBA.
• D)All of the listed options are correct.

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