Indian Economy
If the RBI adopted an expansionist open market operations policy, this means that it will

buy securities from non-government holders
sell securities in the open market
offer commercial banks more credit in the open market
openly announce to the market that it intends to expand credit

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Indian Economy
Deficit financing implies

public revenue in excess of public expenditure
printing new currency notes
public expenditure in excess of public revenue
none of the listed here

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