The 'standing deposit facility' was introduced by RBI as a tool for: MCQ with Answer and Explanation

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The 'standing deposit facility' was introduced by RBI as a tool for:

A. absorbing liquidity without collateral

B. long-term investment

C. export finance

D. lending to banks

Answer: Option A

Solution (By JKSSB Mock Tests)

Standing Deposit Facility allows RBI to absorb liquidity from banks without providing collateral.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Round Revolution' in India is associated with:

A. fish

B. milk

C. eggs

D. potato production

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Correct Answer: Option D

Explanation:
The Round Revolution is associated with increased potato production.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'State Goods and Services Tax' is levied by:

A. state government

B. RBI

C. central government

D. local bodies

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Correct Answer: Option A

Explanation:
SGST is levied by state governments on intra-state supply.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'labour force participation rate' in India is higher in which age group?

A. 0-14

B. 30-59

C. 15-29

D. 60+

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Correct Answer: Option B

Explanation:
Labour force participation is generally higher in the 30-59 age group.

This question belongs to: Economy GK Economy Set 1

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