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BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY2 Marks
Question
Explain marginal standing facility.
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Answer

Banks can borrow funds overnight from $RBI$ against government securities in emergency. This facility is a very short term borrowing scheme for scheduled commercial banks and is known as ….

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