2020
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Army
|
|
|
Government
|
|
|
Banks
|
|
|
Financers
|
Detailed explanation-1: -Then on October 21, 2020, the apex bank has informed that banks can deploy money drawn from this TLTRO in five sectors – agriculture, agri-infrastructure, secured retail, MSMEs (Ministry of Micro, Small & Medium Enterprises), drugs, pharmaceuticals and healthcare.
Detailed explanation-2: -The ‘on tap’ TLTRO scheme is important as banks get easy access to cheap capital from the central bank, which they, in turn, can lend out to other businesses and sectors in terms of investment-grade corporate bonds.
Detailed explanation-3: -The targeted longer-term refinancing operations (TLTROs) are Eurosystem operations that provide financing to credit institutions. By offering banks long-term funding at attractive conditions they preserve favourable borrowing conditions for banks and stimulate bank lending to the real economy.
Detailed explanation-4: -Long Term Repo Operation (LTRO) is fundamentally a means to infiltrate liquidity into the banking system and financial institutions to ensure the streamlined transmission of credit flow and monetary policy actions into the Indian economy.