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

  • question_answer
    Many a times, we read in newspaper that the RBI has revised certain rates/ratios under LAF. What is full form of LAF? [IBPS PO Main 2015]

    A)  Legal Adjustment Facility

    B)  Liquidity Adjustment Facility

    C)  Long-term Achievement Facility

    D)  Legal Adjustment Formality

    E)  None of these

    Correct Answer: A

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