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Instead of outright sale of securities, the Central Bank may sell securities through an agreement which has a specification about the date and price at which it will be repurchased. This type of agreement is called......... The rate at which money is withdrawn in this manner is called... 1. open market operations, bank rate. 2. open market operations, repo rate. 3. repurchase agreement, repo rate. 4. reverse repurchase agreement, reverse repo rate.

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