Current Affairs · Banking and Finance
With reference to banking system liquidity management by the Reserve Bank of India (RBI), consider the following statements: 1. Large advance tax outflows and GST payments periodically lead to temporary tightening of system liquidity. 2. The RBI injects short-term liquidity into the banking system by conducting Variable Rate Repo (VRR) auctions. 3. Cash Reserve Ratio (CRR) reductions are primarily handled on an ad-hoc weekly basis rather than regular monetary policy review cycles. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11, 2 and 3
- 22 only
- 31 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking and Finance MCQs →Want more practice questions on Banking and Finance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking and Finance