Question

Identify the correct statement about marginal standing facility.

A Penal rate to administer good governance in banks
B Penal rate for overnight borrowing from RBI
C Interest rate at which banks borrow from RBI
D Interest rate commonly used in money market
E None of the above
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)