Ways and Means advanced by RBI refers to
A)Meeting temporary mismatches between receipts and expenditure.
B)Providing short term loans for consumption expenditure.
C)Buying goods from abro

Question

Quizplus · Accepted Answer

Ways and Means Advances (WMA) are a mechanism used by the Reserve Bank of India (RBI) to provide temporary financial assistance to the government to meet its mismatches between receipts and expenditures.

Ways and Means Advanced by RBI Refers to