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The Liquidity Adjustment Facility is operated by way of:

ARepurchase agreements
BRepayment agreements
CReplacement agreements
DReporting agreements
Answer & Solution
Correct answer: A. Repurchase agreements
1. The tools are repos and reverse repos. 2. Securities move against cash and back again. 3. These are repurchase agreements. _Source: RBI, FAQs on the Government Securities Market in India_
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