The Reserve Bank of India (RBI) has raised the Ways and Means Advances (WMA) limit or financial accommodation for state governments and Union Territories (UTs) by 28% from Rs 47, 010 crore to _______________, effect from 1st July 2024.
Practice MCQ for SSC, UPSC, RRB Exams
A. ₹60,108 croreA.
B. ₹60,218 croreB.
C. ₹80,118 croreC.
D. ₹60,118 croreD.
Correct Answer: Dসঠিক উত্তর: D
Explanationব্যাখ্যা
The Reserve Bank of India (RBI) has raised Ways and Means Advances (WMA) limit or financial accommodation for state governments and Union Territories (UTs) by 28% from Rs 47, 010 crore (fixed in April 2022) to Rs 60, 118 crore and will come into effect from 1st July, 2024.