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Thursday, 27 October 2011

MGT604 GDB No. 1 Fall 2011 - Solution

Semester "Fall 2011"
"Management of Financial Institutions (MGT604)"

This is to inform you that Graded Discussion Board (GDB) has been opened according to the following schedule

Schedule
Opening Date and Time: October 24, 2011 AT 12:01 AM (Mid night)
Closing Date and Time : October 26, 2011 AT 11:59 PM (Mid night)

Note: No extra or bonus/grace period is available for attempting GBD.

Discussion Question
Discuss why the "Open Market Operation (OMO)" is considered as the most effective monetary policy instrument/tool to control money supply in a country?

(Your answer should be relevant and should not exceed 4 to 5 lines)

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