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The Marginal Standing Facility (MSF) is a window for scheduled commercial banks to borrow overnight money from the RBI against government securities. The MSF rate is typically higher than the Repo rate and is used for emergency funding requirements. This facility allows banks to borrow additional funds when they face a liquidity crunch beyond the limits of the regular Repo operations.
How many countries are members of the Arctic Council?
What was the gap in credit and deposit growth in Indian banks as of September 6, 2024, according to RBI’s State of the Economy report?
Who was the first Indian woman to win the Miss World title?
Who is the current Chief of the Indian Army?
National Youth Day is celebrated on 12th January everyyear. It is celebrated on the birth anniversary of:
Consider the following statements about the 1929 Lahore Congress Session:
(I) It was presided over by Jawaharlal Nehru.
What was the purpose of the Local Currency Settlement System (LCSS) introduced between India and UAE?
Kanger Ghati National Park is situated in which state?
Name the country which topped the Global Manufacturing Index recently released by World Economic Forum (WEF)?
In which century did Sher Shah Suri build the Grand Trunk Road across northern India?