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Question

In April 2022, RBI introduced the Standing Deposit Facility (SD

  • F . What is the major objective behind this?
A it allowed banks to borrow from RBI without any interest
B it allowed banks to borrow from RBI without any collateral
C it allowed for the deposit of excess funds by banks with the RBI without the necessity of collateral in the form of government securities
D Both a & c
E None of these
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