Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 702)
702.
What is the limit of WMA fixed by RBI for States Governments and UTs with effect from April 2022?
Rs 52,101 crore
Rs 49,000 crore
Rs 47,010 crore
Rs 35,210 crore
Answer: Option
Explanation:
The Reserve Bank has decided to reduce the Ways and Means Advances (WMA) for States Governments and Union Territories (UTs) from Rs 51,560 crore to Rs 47,010 crore, considering the improvement in the pandemic situation.
Discussion:
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