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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 the above

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