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Which entity is excluded from the Liquidity Adjustment Facility?

ARegistered rural banks
BRegional retail banks
CRegistered retail banks
DRegional rural banks
Answer & Solution
Correct answer: D. Regional rural banks
1. The facility is open to scheduled commercial banks. 2. It is also open to primary dealers. 3. Regional rural banks are excluded. _Source: RBI, FAQs on the Government Securities Market in India_
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