Current Affairs · RBI Policy Guidelines
Consider the following statements regarding the market borrowing plan for State Governments/UTs announced by the Reserve Bank of India (RBI): 1. The indicative total market borrowing for states/UTs for Q1 FY 2026-27 was projected at ₹2,54,509 crore. 2. The RBI introduced the Benchmark Issuance Strategy (BIS) on a pilot basis starting from FY 2026-27. 3. Under the pilot phase of BIS, select participating states issue securities in pre-announced benchmark tenor buckets. 4. The RBI retains the authority to modify auction dates and amounts in consultation with state governments. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3 and 4✓
- 21, 2 and 4 only
- 32 and 3 only
- 41 and 3 only
Correct answer
1, 2, 3 and 4
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