RBI’s Record ₹7 Lakh Crore 30-Day Auction | Which Monetary Instrument? | Current Affairs MCQ

RBI’s Record ₹7 Lakh Crore 30-Day Auction! 💰📊

Which monetary instrument did the Reserve Bank of India (RBI) use to absorb durable surplus liquidity from the inter-bank system?

✅ Correct Answer: Variable Rate Reverse Repo (VRRR)

This important current affairs question covers RBI monetary policy, liquidity management, banking awareness, and the Indian financial system.

📌 Key Topics:
• RBI ₹7 Lakh Crore Auction
• 30-Day VRRR Auction
• Variable Rate Reverse Repo
• RBI Liquidity Management
• Surplus Liquidity
• Banking & Economy Current Affairs
• Monetary Policy
• RBI Current Affairs

🎯 Useful for:
UPSC | SSC | Banking Exams | IBPS | SBI | RBI Grade B | RBI Assistant | Railway | RRB NTPC | NDA | CDS | AFCAT | State PCS | Competitive Exams

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