Question

    What is the notified amount for the RBI's 3day Variable Rate Repo (VRR) auction scheduled for June 18, 2024?

    A ₹50,000 crore Correct Answer Incorrect Answer
    B ₹75,000 crore Correct Answer Incorrect Answer
    C ₹100,000 crore Correct Answer Incorrect Answer
    D ₹125,000 crore Correct Answer Incorrect Answer
    E ₹150,000 crore Correct Answer Incorrect Answer

    Solution

    The RBI announced a 3day VRR auction under the Liquidity Adjustment Facility (LAF) with a notified amount of ₹100,000 crore.

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