Question
The Reserve Bank of India (RBI) infused liquidity
amounting to ______ into the banking system via the 14-day Variable Repo Rate (VRR) auction amid tightening liquidity.Solution
The Reserve Bank of India (RBI) infused liquidity amounting to ₹82,650 crore into the banking system via the 14-day Variable Repo Rate (VRR) auction amid tightening liquidity. Against the notified ₹1 lakh crore under the VRR auction, banks borrowed ₹82,650 crore at a weighted average rate of 6.53 per cent.
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Book-keeping is mainly concerned with?
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