Solved

The Reserve Bank Provides an End-Of-Day Repurchase Arrangement for Banks

Question 95

Multiple Choice

The Reserve Bank provides an end-of-day repurchase arrangement for banks to enable them to manage their exchange settlement account liquidity position.Which of the following terms and conditions is attached to repurchase arrangements?


A) T-notes with maturities of less than 91 days may be discounted.
B) A penalty margin of 0.25% is applied to all repurchase transactions.
C) The Reserve Bank publishes its rediscount rate daily.
D) All of the given answers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents