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      Question

      What is the Ways and Means Advances (WMA) limit set by

      the RBI for the Government of India for October 2025 – March 2026? 
      A ₹25,000 crore Correct Answer Incorrect Answer
      B ₹40,000 crore Correct Answer Incorrect Answer
      C ₹50,000 crore Correct Answer Incorrect Answer
      D ₹60,000 crore Correct Answer Incorrect Answer
      E ₹75,000 crore Correct Answer Incorrect Answer

      Solution

      RBI, in consultation with the Government of India, fixed the WMA limit at ₹50,000 crore for H2 of FY2025–26. WMA provides temporary liquidity to the government to bridge short-term mismatches between expenditure and receipts. The interest rate is the Repo Rate, while for overdrafts it is Repo + 2%. This limit can be revised by RBI based on economic conditions 

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