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Ways and Means Advances (WMA) | MCQ's For UPSC Prelims (Paragraph) #174

Consider the following statements regarding Ways and Means Advances (WMA). Which of the below statements is/are correct? 1) It is a facility for which both Centre and States can borrow money from the RBI. 2) These borrowings are meant purely to tide over temporary mismatches in cash flows of receipts and expenditures. 3) The interest rate on WMA is lower than RBI’s repo rate. तरीकों और साधन अग्रिमों (डब्ल्यूएमए) के बारे में निम्नलिखित कथनों पर विचार करें। नीचे दिए गए कथनों में से कौन सा सही है / हैं? 1) यह एक सुविधा है जिसके लिए केंद्र और राज्य दोनों आरबीआई से धन उधार ले सकते हैं। 2) ये उधारी विशुद्ध रूप से प्राप्तियों और व्यय के नकदी प्रवाह में अस्थायी बेमेल पर ज्वार करने के लिए होती है। 3) WMA पर ब्याज दर RBI की रेपो दर से कम है।

 https://youtu.be/IioUAnBRJuw

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