| 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.
You need to login to perform this action.
You will be redirected in
3 sec
