Who among the following are the beneficiaries of Ways and Means Advances (WMA) facility of Reserve Bank of India?
Q. Who among the following are the beneficiaries of Ways and Means Advances (WMA) facility of Reserve Bank of India?
Answer: State Governments
Notes: The Reserve Bank of India (RBI) provides temporary loan facilities to the central and state governments. This loan facility is called Ways and Means Advances (WMA).

 

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