🎖️ Defence📈 Economics

Consider the following statements regarding instruments of monetary policy : 1. Standing deposit facility (SDF) rate was…

Q1
Consider the following statements regarding instruments of monetary policy :1. Standing deposit facility (SDF) rate was introduced in April 2022.2. SDF rate replaced fixed reverse repo rate as the floor of the LAF corridor. Which of the statements given above is/are correct?
a1 only
b2 only
cBoth 1 and 2
dNeither 1 nor 2
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