- Apart from that state governments also did a market borrowing worth Rs 1.90 trillion in April-June.
- State governments increase their borrowing in the second half of the year as the Centre tends to borrow less during that period.
- RBI to ensure that the state bond auctions are conducted in a non-disruptive manner taking into account market conditions.
- Apart from that, the Centre announced a record-high gross market borrowing program of Rs 14.95 trillion.
- The central bank will also aim for the state government borrowings to be distributed evenly throughout the quarter.
Question:
Q.1 As per RBI data borrowing by state governments has been pegged at _________ trillion rupees for July-September?a. 2.12 trillion
b. 3.15 trillion
c. 1.52 trillion
d. 2.25 trillion
