MCQOPTIONS
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| 1. |
Which among the following is / are correct regarding the Marginal Standing Facility? |
| A. | The scheduled commercial banks can avail of the Marginal Standing Facility of the RBI. |
| B. | The maximum amount that can be availed under this route is 2% of Net Demand and Time Liabilities of the bank. |
| C. | The scheme was introduced in the year 2002. |
| D. | Both A and B |
| E. | Both B and C |
| Answer» B. The maximum amount that can be availed under this route is 2% of Net Demand and Time Liabilities of the bank. | |