Current Affairs · Government Schemes and Policies
Regarding the operational framework of the Ways and Means Advances (WMA) scheme for the Government of India during the first half (H1) of FY 2026-27, which of the following statements correctly apply the regulatory triggers and interest rules? 1. The trigger for the flotation of fresh market loans by the Reserve Bank of India is activated when the government utilizes ₹1,87,500 crore of the sanctioned limit. 2. The ₹2,50,000 crore WMA limit is a mechanism for permanent debt financing to manage the structural fiscal deficit of the Union Budget. 3. Utilization of the WMA within the sanctioned ₹2,50,000 crore limit is charged at the Repo Rate, while an Overdraft incurs a penalty of Repo Rate plus 2%. 4. Fresh market loans are initiated only after the government remains in an Overdraft state for a period exceeding 14 consecutive days. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3, and 4 only
- 22 and 4 only
- 31 and 3 only✓
- 41, 2, and 3 only
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1 and 3 only
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