Question
The MSF rate is pegged _____ basis points or a
percentage point above the repo rate?Solution
Banks borrow from the central bank by pledging government securities at a rate higher than the repo rate under liquidity adjustment facility or LAF in short. The MSF rate is pegged 100 basis points or a percentage point above the repo rate.
Which of the following Russian bank launches direct payments in rupees in what would boost bilateral trade and investments in a big way in January 2023?
Tarsame Singh Saini passed away recently, who was he?
Which of the following NIT recently will come up with first green tech incubation centre?
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Consider the following statements:
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2. T...
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________________ has expanded its partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to provide digital ticketing services to cons...
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