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03-03-2020
Practice Question – Prelims
Q5. Consider the following statements
regarding the Long Term Repo Operations
(LTROs).
1. RBI uses this tool to provide loans to
the needy banks at the prevailing repo
rate for long term upto 10 years .
2. LTRO will be in addition to the existing
Marginal Standing Facility.
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
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