Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Current Affairs Business and Economy Economic and Financial Affairs
Consider the following statements:
1. The Reserve Bank of India (RBI) announced the introduction of risk-based internal audit norms for Regional Rural Banks and non-banking financial companies (NBFCs).
2. Regional rural banks would be allowed to access the liquidity adjustment facility (LAF) and marginal standing facility (MSF) of the RBI, as also the call/notice money market.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2