Question
The introduction of the Standing Deposit Facility was
recommended by ____ committee.Solution
The Standing Deposit Facility, proposed by the RBI and under examination by the Centre, is viewed as a strong tool to suck out the surplus liquidity. This concept, first recommended by the Urjit Patel committee report in 2014, may soon become part of the central bank’s toolkit to manage liquidity
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A traveller wants to earn
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After selling 20 erasers, a Shopkeeper earn a profit of the selling price of 6 pencils. While selling 20 pencils, a shopkeeper losses a selling price of...
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