Banking General Awareness Reserve Bank of India Question Bank Practice Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    The term 'Ways and Means' advances refers to

    A)  the advances allowed under DRI Scheme by commercial bank

    B)  the advances allowed by commercial banks under Twenty Point Economic Programme

    C)  the temporary advances made to the  government by its bankers to bridge the interval between expenditure and the flow of receipts of revenues

    D)  All of the above

    E)  None of these

    Correct Answer: D


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