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LAF stands for:

ALoan Approval Facility
BLiquidity Access Fund
CLiquidity Adjustment Facility
DLiability Adjustment Facility
Answer & Solution
Correct answer: C. Liquidity Adjustment Facility
1. The question asks: LAF stands for. 2. Correct answer: Liquidity Adjustment Facility. 3. LAF is RBI's repo and reverse-repo liquidity management tool. _Source: BOI Quick Revision — General Banking & Financial Awareness (2020), Abbreviations_
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