Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.1098)

1098. 

WMA arrangement enables centre and the states to borrow money up to how many days from the RBI to tide over their liquidity mismatch?

[A]. 90
[B]. 70
[C]. 80
[D]. 45

Answer: Option A

Explanation:

WMA is a temporary liquidity arrangement with the central bank, which enables the centre and the states to borrow money up to 90 days from the RBI to tide over their liquidity mismatch.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.