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To ease pressure on the liquidity and maintain congenial financial conditions, RBI announced term repo operations totalling what amount in mid-September? 
  • a)
    Rs 5 lakh crore 
  • b)
    Rs 4 lakh crore 
  • c)
    Rs 1 lakh crore 
  • d)
    Rs 2 lakh crore
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
To ease pressure on the liquidity and maintain congenial financial con...
The RBI announced a host of steps, including term repo operations totalling Rs 1 lakh crore in mid-September to ease pressure on the liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth.
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To ease pressure on the liquidity and maintain congenial financial conditions, RBI announced term repo operations totalling what amount in mid-September?a)Rs 5 lakh croreb)Rs 4 lakh crorec)Rs 1 lakh crored)Rs 2 lakh croreCorrect answer is option 'C'. Can you explain this answer?
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