Multiple Choice Questions on What was the primary goal of RBI introducing Variable Rate Repo VRR auctions ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

What was the primary goal of RBI introducing Variable Rate Repo VRR auctions ........

Current GK ( Master) Rural Banking and financial institutions
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    What was the primary goal of RBI introducing Variable Rate Repo (VRR) auctions? 

    To reduce inflation

    Incorrect Answer

    To manage liquidity tightness

    Correct Answer

    To stabilize currency exchange rates

    Incorrect Answer

    To promote foreign investments

    Incorrect Answer
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    Explanation:

    Ans-  To manage liquidity tightness
    The VRR auctions are conducted by the RBI to address liquidity tightness in the banking system and ensure smooth financial system operations.

    By: Brijesh Kumar
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