The terms “Marginal Standing Facility Rate” and “Net Demand and Time Liabilities”, sometimes appearing in news, are used in relation to

1. A. banking operations
2. B. communications networking
3. C. military strategies
4. D. supply and demand of agricultural product

Answer: A

Explanation

MSF came into effect from 9th May 2011. MSF scheme is provided by RBI by which the banks can borrow overnight upto 1 per cent of their net demand and time liabilities (NDTL) i.e. 1 per cent of the aggregate deposits and other liabilities of the banks.