RBI on October, 7th 2013, has reduced Marginal Standing Facility (MSF) rate from 9.5% to 9% to improve liquidity in the system. What is MSF?
A. MSF rate is the rate at which banks lodge funds overnight with RBI buying approved government securities.
B. MSF rate is the rate at which banks borrow funds overnight from other banks against approved government securities.
C. MSF rate is the rate at which banks borrow funds overnight from RBI against approved government securities.
D. MSF rate is the minimum rate at which banks lend to the borrowers.
Answer: Option C
This Question Belongs to Banking Awareness >> Banking Awareness Miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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