IBPS RRBs Officer Scale II and III Sep 2013 Paper

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Question : 118 of 200

Marks: +1, -0

Which of the following steps was/were takes by the Reserve Bank of India in July 2013 to suck liquidity and check the rupee’s slide?

The RBI raised the cost of borrowing by banks by two percent to 10.25 per cent
The RBI announced the sale of Government Securities via open market operation
The RBI fixed a cap on how much banks can borrow from the Central bank at 7.25 per cent using the repo window
Only (1) and (2
All of the above

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