Question
The Marginal Standing Facility (MSF) rate is linked to
which of the following rates?Solution
The Marginal Standing Facility (MSF) rate is linked to the Repo Rate. It is typically 25 basis points higher than the Repo Rate and allows banks to borrow funds overnight from the RBI against government securities.
Securities and Exchange Board of India (SEBI) works under the administrative domain of which ministry?
Consider the following statement about Monetary Policy Committee (MPC):
1. The first such MPC was constituted on September 29, 2016.
2. Go...
The ‘INSPIRE’ program extends the existing perks, including preferential interest rates, priority banking services, and doorstep banking facilities,...
What is the primary objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
Who was the first President of Asian Development Bank (ADB)?
Which of the following instruments is considered an alternative to cash in the Indian payment system?
Which act governs the regulation and supervision of NonBanking Financial Companies (NBFCs) in India?
India International Bullion Exchange (IIBX) is regulated by which body?
Urjit Patel has been appointed as VP of AIIB for which of the following region?
Which of the following country opens its first campus in GIFT City?
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