ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    The Reserve Bank of India (RBI) will conduct a 14-day

    variable rate repo auction worth Rs _____ in February,2023.
    A Rs.34000 crore Correct Answer Incorrect Answer
    B Rs.40000 crore Correct Answer Incorrect Answer
    C Rs.44000 crore Correct Answer Incorrect Answer
    D Rs.50000 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) will conduct a 14-day variable rate repo auction worth Rs 50,000 crore in February,2023. This will be the first repo auction by the central bank since September, 2022. ┬а┬а Liquidity in the banking system is seen tightening in coming days due to the scheduled redemptions of large-scale long-term repo operations (LTRO) and targeted long-term repo operations (TLTRO).

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question