Consider the following statements regarding the Marginal Standing Facility (MSF).
(a) MSF is on the line of the existing LAF and is part of it.
(b) MSF is a costlier route than Repo.
(c) MSF functions as the last resort for Banks to borrow short term funds.
(d) MSF is linked to the net demand and time liabilities of the Banks.
Choose the correct code given below.
1
(b), (c) and (d)
2
(a), (b) and (c)
3
(a), (c) and (d)
4
All of the above
5
None of the above