Question

    The Reserve Bank of India (RBI) has extended the on-tap

    Targeted Long Term Repo Operations (TLTROs) scheme by _____ months.
    A Four Correct Answer Incorrect Answer
    B Three Correct Answer Incorrect Answer
    C Six Correct Answer Incorrect Answer
    D Nine Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The TLTROs are targeted operations, as the amount that banks can borrow is linked to their loans to non-financial corporations and households. These are extended for 3 months till December 2021.

    Practice Next