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

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

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Indian Economy
Depreciation means

loss of equipment over time due to wear and tear
destruction of a plant in a fire accident
closure of a plant due to lock out
closure of a plant due to labour trouble

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