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    Question

    The Reserve Bank of India (RBI) infused liquidity

    amounting to ______ into the banking system via the 14-day Variable Repo Rate (VRR) auction amid tightening liquidity.
    A Rs.82,650 crore Correct Answer Incorrect Answer
    B Rs.84,230 crore Correct Answer Incorrect Answer
    C Rs.85,400 crore Correct Answer Incorrect Answer
    D Rs.86,120 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      The Reserve Bank of India (RBI) infused liquidity amounting to ₹82,650 crore into the banking system via the 14-day Variable Repo Rate (VRR) auction amid tightening liquidity. Against the notified ₹1 lakh crore under the VRR auction, banks borrowed ₹82,650 crore at a weighted average rate of 6.53 per cent.

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