Question
In India, the Marginal Standing Facility (MSF) is a tool
used by the Reserve Bank of India (RBI) to lend to commercial banks at an overnight rate. What is the standard rate at which MSF is provided?Solution
MSF allows scheduled commercial banks to borrow overnight funds from RBI against government securities. The MSF rate is typically 0.25% higher than the repo rate.
Which of the following global e-commerce company becomes world's first listed firm to lose $1 trillion in market cap?
In which type of tax is the marginal tax rate higher than the average tax rate?
India's wholesale price index (WPI)-based inflation in July came in at_________, significantly higher than (-)4.12 percent reported in June on account o...
For grant of Miniratna Category-I status to Central Public Sector Enterprises (CPSEs), the CPSEs have made profit in the last ______ years continuously.
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Which of the following bank renamed and nationalised as the State Bank of India in 1955?
What does the abbreviation "SIP" stand for in mutual funds?
What is the primary focus of the Priority Sector Lending (PSL) guidelines in India?
What is the minimum capital adequacy ratio required for Indian banks under the Basel III norms?
Canara Bank was nationalized in which of the following year?
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