Question

Reserve Bank recently announced the commencement of G-SAP 2.0. What does the ‘S’ stand for in GSAP?

A Severity Correct Answer Incorrect Answer
B Security Correct Answer Incorrect Answer
C Secular Correct Answer Incorrect Answer
D Seamless Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Reserve Bank of India recently announced a second tranche of purchase of government securities under Government Securities Acquisition Programme (G-SAP 2.0) worth Rs 20,000 crore.

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