Question

Which of the following statements is correct?
A. WMA were introduced to meet the long-term fund requirement of the central government
B. Under the special WMA facility to state governments RBI provides them collateral free overdraft

A a) Only A
B b) Only B
C c) Both A and B are correct
D d) Both A and B are incorrect
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RBI Grade B 2026 Phase 1 Memory Based Paper
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