New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    __________ is the interest rate at which the Reserve

    Bank of India provides money to the scheduled commercial banks who are facing acute shortage of liquidity.
    A CRR Correct Answer Incorrect Answer
    B Bank Rate Correct Answer Incorrect Answer
    C SLR Correct Answer Incorrect Answer
    D MSF Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Marginal Standing Facility rate is the interest rate at which the Reserve Bank of India provides money to the scheduled commercial banks who are facing acute shortage of liquidity.

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