Question

In April 2022, RBI introduced the Standing Deposit

Q: Answer-In April 2022, RBI introduced the Standing Deposit Facility (SDF). What is the major objective behin...

In its April 2022 meeting, the committee introduced the Standing Deposit Facility SDF, which allowed for the deposit of excess funds by banks with the RBI without the necessity of collateral in the form of government securities, thereby allowing effective liquidity management in a collateral-free manner.

Facility (SDF). 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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In April 2022, RBI introduced the Standing Deposit

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