TS Police SI Model Paper 4
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Question : 123 of 200
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Consider the following statements regarding the Liquidity Adjustment facility (LAF):
1. It was introduced by RBI and all Schedule Commercial Banks are eligible to bid.
2. Funds under LAF are used by the banks for their day to day mismatches in the liquidity.
3. LAF covers credit at repo, reverse repo and MSF rate.
Which of the above statement(s) is/are correct?
1. It was introduced by RBI and all Schedule Commercial Banks are eligible to bid.
2. Funds under LAF are used by the banks for their day to day mismatches in the liquidity.
3. LAF covers credit at repo, reverse repo and MSF rate.
Which of the above statement(s) is/are correct?
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