The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to

[UPSC Civil Services Exam – 2014 Prelims]

(a) banking operations

(b) communication networking

(c) military strategies

(d) supply and demand of agricultural products


Answer: (a)        

Explanation:

  • The Marginal Standing Facility (MSF) is a facility provided by the Reserve Bank of India (RBI) that enables banks to borrow funds overnight against approved government securities.
  • Banks can borrow up to a certain percentage of their net demand and time liabilities (NDTL) through MSF.
  • This facility serves as a mechanism for banks to access funds from the RBI during emergency situations when inter-bank liquidity becomes scarce or completely dries up.

Consider the following statements:                                                                   The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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Consider the following statements:                                                         The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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