Question
The Reserve Bank of India has fixed the limit for Ways
and Means Advances (WMA) - a temporary lending facility for the government for the second half of the financial year 2023-24 - Oct-Mar- at________ .The RBI may trigger fresh floatation of market loans when the Government of India utilises ______ of the WMA limit. Fill in the blanks with the correct options-ÂSolution
 RBI has decided, in consultation with the Government of India, that the limit for Ways and Means Advances (WMA) for the second half of the financial year 2023-24 (October 2023 to March 2024) will be ₹50,000 crore. The Reserve Bank of India may trigger fresh floatation of market loans when the Government of India utilises 75 per cent of the WMA limit.
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