Q.

What is the objective of introduction of ‗Marginal Standing Facility‘ by RBI?

A. To contain volatility in the overnight inter-bank rates
B. To contain volatility in MIBOR
C. To contain volatility in LIBOR
D. To match with standard Tier 1 capital Ratio
E. None of these
Answer» A. To contain volatility in the overnight inter-bank rates
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