📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    As a tool to enhance liquidity, RBI introduced the on

    tap TLTRO scheme with a size of Rs 1 lakh crores. TLTRO stands for _____
    A Targeted Liquid Term Repo Operations Correct Answer Incorrect Answer
    B Total Long Term Reverse repo Operations Correct Answer Incorrect Answer
    C Targeted Long Term Reverse repo Operations Correct Answer Incorrect Answer
    D Targeted Long Term Repo Operations Correct Answer Incorrect Answer
    E Total Liquidity for Term repo operations Correct Answer Incorrect Answer

    Solution

    Targeted Long Term Repo Operations (TLTRO) scheme was introduced to provide durable liquidity to the banking system as a measure to meet COVID-19. Under this banks could borrow for t enors of up to three years for a total amount of up to ₹1,00,000 crore at a floating rate linked to the policy repo rate for providing credit to important and stressed sectors like agriculture, MSME, Pharma, etc.

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call