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The Reserve Bank conducts market operations in order to affect its monetary policy objectives. Which of the following best describes the Reserve Bank's market operations?

The Reserve Bank conducts market operations in order to affect its monetary policy objectives. Which of the following best describes the Reserve Bank's market operations?

Question 13 options:

1) Market operations may be conducted to neutralise official FX transactions.
2) Reserve Bank market operations target the overnight cash rate.
3) Market operations affect day-to-day system liquidity.
4) All of the given answers.

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