Economics · Banking and Monetary Policy
According to the March 1997 agreement between the RBI and the Central Government, which practice was discontinued with effect from April 1, 1997?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Automatic monetisation of fiscal deficit
- 2Market borrowing through dated securities
- 3Issuance of 91-day Treasury Bills
- 4Practice of issuing ad hoc Treasury Bills✓
Correct answer
Practice of issuing ad hoc Treasury Bills
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