Economics · Banking and Monetary Policy
Consider the following statements regarding instruments of monetary policy in India: 1. Standing Deposit Facility (SDF) rate was introduced in April 2022. 2. SDF rate replaced the fixed reverse repo rate as the floor of the Liquidity Adjustment Facility (LAF) corridor. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 2Both 1 and 2✓
- 32 only
- 41 only
Correct answer
Both 1 and 2
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