Question

With reference to Market Stabilisation Scheme (MSS), consider the following
statements:
1. It is a tool used by the RBI to suck out excess liquidity from the market through issue
of securities on behalf of the government.
2. The money raised under MSS is parked in the government account or utilised to fund
its expenditure.
Which of the statements given above is/are true?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Answer 1

d) Neither 1 nor 2_________

Answer 2

Hye!!!..
.
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The correct option is :- d). Neither 1 nor 2

#riShu;-)