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Shuvendu Bijayasingh

· started a discussion

· 1 Months ago

MSF Rate (Question:535365.0)

MSF Rate 6.5%

Question:

Which of the following statements is correct about Marginal Standing Facility (MSF) Rate?

a. It was unchanged at 6.25%.

b. It is rate at which scheduled banks can borrow funds overnight from RBI against government securities.

c. It is very short term borrowing scheme for scheduled banks.

Options:
A)

Only I

B)

Only II

C)

Only III

D)

Only II and III

E)

All of the above

Solution:

All of the above is correct about Marginal Standing Facility (MSF) Rate.

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