CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the current rate of Marginal Standing Facility?
A
4.25%
B
4.35%
C
4.55%
D
4.00%
Explanation: 

Detailed explanation-1: -MSF Rate. The current MSF rate or Marginal Standing Facility Rate in India is 4.25%. This is the rate at which the banks can pledge government securities for gaining liquidity in situations when the liquidity is dried up.

Detailed explanation-2: -Mumbai, 7 December 2022 Consequently, the standing deposit facility (SDF) rate stands adjusted to 6.00 per cent, and the marginal standing facility (MSF) rate and the Bank Rate to 6.50 per cent.

Detailed explanation-3: -Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.15 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 4.65 per cent.

Detailed explanation-4: -On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 7, 2022) decided to: • Increase the policy repo rate under the liquidity adjustment facility (LAF) by 35 basis points to 6.25 per cent with immediate effect.

Detailed explanation-5: -New Policy Rates by RBI in Indian Banking (as on December 07, 2022): SLR Rate : 18.00%

There is 1 question to complete.