1 12. If a central bank pursues open market operations policy, it will carry out which of the following: of Select one: a. decrease the reserve asset ratio b. buy securities from non-government holders csell securities on the open market d. increase the reverse asset ratio 12 43. The role of the CB that requires all recognised banks to maintain adequate liquidity is called at of Select one: a. Prudent control b. The Golden Rule c. Budget Surplus d. Tight fiscal policy F 43 7. Which of the followine is a desire to hold each in order in honnind 7. Which of the following is a desire to hold cash in order to be poised to exploit any attractive investment opportunity requiring a cash expenditure that might arise: Select one: a. All of the above b. The precautionary motive C. The transactions motive d. The speculative motive