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• Option B is the Correct answer: • The Repo Rate is the (fixed) interest rate at which the RBI provides overnight liquidity up to a certain limit (0.25% of their NDTL) to banks against the collateral of government and other approved securities under the Liquidity Adjustment Facility (LAF). Repo is short form of "Repurchase Agreement". • Marginal Standing Facility (MSF) is a facility introduced in 2011, under which scheduled commercial banks can borrow additional amount of overnight money (over and above what is available to them through repo rate) from the Reserve Bank by dipping into their SLR portfolio up to a limit at a penal rate of interest. This provides a safety valve against unanticipated liquidity shocks to the banking system. The main difference between the Repo rate loans and the loans availed under the Marginal Standing Facility: When banks take loans from RBI at Repo rate, banks need to keep Govt. Securities with RBI, but this security is in addition to the requirement of SLR. Banks cannot keep SLR securities to avail loan from RBI at Repo Rate. But under MSF, banks can borrow money/cash from RBI by dipping into the SLR reserve. This means the banks can keep 3% of the SLR securities with RBI (i.e. the SLR can go down up to 3% below the normal SLR limit) and can borrow cash from RBI. MSF Rate = Repo Rate + 0.25%
Which of the following was/were the work of Painter Molaram?
a) Mastani
b) Vasakasajja Nayika
c) Garhrajvansh Ka Itihas
d) Garh Gita Sangram
Which of the following is the folk dance of Jammu and Kashmir?
Which type of forests are characterized by distinct layers, including a canopy and underbrush?
.Dishonour of certain cheque for insufficiency of funds in the account is mentioned in ___
In which book it has been said that the abode of Vak Devi is Badrikashram?
Which is the state bird of Chandigarh?
What is the Rigvedic name of the river Ravi?
Which ministry orchestrated the State Conclave on the Yuga Yugeen Bharat Museum in August 2024?
Which of the following statements is correct
A. ADRs/GDRs are considered to be part of FDI, therefore need to conform to the FDI policy
<...Bordeaux city is famous for ?