Question
What is the Ways and Means Advances (WMA) limit set by
the RBI for the Government of India for October 2025 – March 2026?ÂSolution
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 conditionsÂ
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Identify the segment in the sentence that contains a grammatical error.
I was fully convinced that she did not believe a word of that I had said.
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