Practice mode RBI and Monetary Policy

The Liquidity Adjustment Facility was introduced in India in which year?

Correct answer B. 2000

Explanation

RBI introduced the LAF in June 2000, following the Narasimham Committee on Banking Sector Reforms, to manage day-to-day liquidity through repo and reverse repo operations.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.