Economics · Monetary Policy Instruments
Consider the following statements regarding monetary policy instruments in India: 1. The Standing Deposit Facility (SDF) rate was introduced by the Reserve Bank of India in April 2022. 2. The 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?
- 1Neither 1 nor 2
- 2Both 1 and 2✓
- 32 only
- 41 only
Correct answer
Both 1 and 2
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