Economics · Economics
What is the primary function of the Marginal Standing Facility (MSF) rate in India?
- 1To control inflation by adjusting the money supply.
- 2To provide long-term loans to commercial banks.
- 3To set the interest rate for government securities.
- 4To provide overnight liquidity to banks against government securities.✓
Correct answer
To provide overnight liquidity to banks against government securities.
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