Home › IBPS Clerk › Banking Awareness › Monetary Policy › Cash Management Bills were introduced in the year:
Cash Management Bills were introduced in the year:
A2018
B2014
C2010
D2016
Answer & Solution
Correct answer: C. 2010
1. They meet temporary cash flow mismatches.
2. The Government acted in consultation with RBI.
3. The instrument dates from 2010.
_Source: RBI, FAQs on the Government Securities Market in India_
Related questions
The Monetary Policy Report is published once in every:Minutes of an MPC meeting are published on which day after the meeting?Outright purchase or sale of government securities by RBI to manage durable liquidity is cCRR is maintained as a percent of a bank's:The Bank Rate is the penal rate for shortfalls in maintaining:The ceiling of the LAF corridor is the:The MSF rate sits how far above the policy repo rate?Banks can borrow overnight from RBI by dipping into their SLR up to 2 percent under the: