With reference to the Economic Survey 2021-22, consider the following statements:1. Repo rate was maintained at 8 per cent in 2021-22.2. RBI undertook various measures such as G-Sec Acquisition Programme and Special Long-Term Repo Operations to provide further liquidity.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?

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With reference to the Economic Survey 2021-22, consider the following statements:

1. Repo rate was maintained at 8 per cent in 2021-22.

2. RBI undertook various measures such as G-Sec Acquisition Programme and Special Long-Term Repo Operations to provide further liquidity.

Which of the statements given above is/are correct?

a)
1 only
b)
2 only
c)
Both 1 and 2
d)
Neither 1 nor 2

Correct answer is option 'B'. Can you explain this answer?

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Daily Current Affairs MCQ - February 2, 2022

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With reference to the Economic Survey 2021-22, consider the following ...

The Union Minister for Finance Nirmala Sitharaman presented the Economic Survey 2021-22 in Parliament.

Repo rate was maintained at 4 per cent in 2021-22.
RBI undertook various measures such as G-Sec Acquisition Programme and Special Long-Term Repo Operations to provide further liquidity.
YoY Bank credit growth accelerated gradually in 2021-22 from 5.3 per cent in April 2021 to 9.2 per cent as on 31st December 2021.
The Gross Non-Performing Advances ratio of Scheduled Commercial Banks (SCBs) declined from 11.2 per cent at the end of 2017-18 to 6.9 per cent at the end of September, 2021.
Net Non-Performing Advances ratio declined from 6 percent to 2.2 per cent during the same period.
Capital to risk-weighted asset ratio of SCBs continued to increase from 13 per cent in 2013-14 to 16.54 per cent at the end of September 2021.
Rs. 89,066 crore was raised via 75 Initial Public Offering (IPO) issues in April-November 2021, which is much higher than in any year in the last decade.

Hence only statement 2 is correct.

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With reference to the Economic Survey 2021-22, consider the following statements:1. Repo rate was maintained at 8 per cent in 2021-22.2. RBI undertook various measures such as G-Sec Acquisition Programme and Special Long-Term Repo Operations to provide further liquidity.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?

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