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

B b. Only B is Correct

C c. Both A & B are Incorrect

D d. Both A & B are Correct

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Solution