Question

Which of the following statements is correct

A. Under MSF banks can borrow funds overnight up to 0.5% (50 BPS) of their NDTL

B. In MSF (Marginal Standing Facility) banks can borrow against the securities benchmarked for the SLR

A a. Only A is correct Correct Answer Incorrect Answer
B b. Only B is Correct Correct Answer Incorrect Answer
C c. Both A & B are Incorrect Correct Answer Incorrect Answer
D d. Both A & B are Correct Correct Answer Incorrect Answer

Solution

The correct answer is B

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