Question
To contain the volatility in the overnight inter-banks
rate, Marginal Standing Facility (MSF) was introduced by RBI in the year?Solution
Marginal standing facility (MSF) is a window for banks to borrow from the Reserve Bank of India in an emergency situation when inter-bank liquidity dries up completely. Banks borrow from the central bank by pledging government securities at a rate higher than the repo rate under liquidity adjustment facility (LAF). The MSF rate is pegged 100 basis points or a percentage point above the repo rate. Under MSF, banks can borrow funds up to one percentage of their net demand and time liabilities (NDTL).
Heat stored in water vapour is –
Which of the following statements is true when we see 'rainbow'?
Which material is primarily responsible for the elasticity found in leggings and athletic apparel?
The splitting up of white light into seven colours on passing through a glass prism is called as
A ray of light from the object parallel to principal axis of a concave lens, after refraction appears to diverge from which point on the same side of th...
The instrument for measuring intensity of earthquakes is called –
What is the SI unit for measuring speed?
The hair of shaving brush clings together when removed from water due to –
The instrument which uses sound waves to measure the depth of oceans is –
Which one of the following animals can hear ultrasonic sound?