__________ is a penal rate at which RBI lends money to banks, above the rate available under the repo policy.

CA Foundation · Business Economics · PYQS · January 2025
__________ is a penal rate at which RBI lends money to banks, above the rate available under the repo policy.
(A) A. Marginal standing facility rate
(B) B. Bank rate
(C) C. Repo rate
(D) D. Reverse repo rate

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Marginal standing facility rate

Topics: Money Market

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