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 the above
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)