RBI provides Ways and Means Advances (WMA) to __:

RBI provides Ways and Means Advances (WMA) to __:
[A]Central Government
[B]State Government
[C]Both
[D]None

State Government
Whenever there is a temporary mismatch in the cash flow of the receipts and payments of the State Governments, RBI provides them Ways and Means Advances (WMA). This also comes under debt management works of RBI.

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This question "RBI provides Ways and Means Advances (WMA) to __:" was published on GKToday on May 19, 2015 at 12:53 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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