Current affair rapid revision * Targeted Long Term Repo Ope | Current Affairs MCQs

Current affair rapid revision

* Targeted Long Term Repo Operations (TLTROs)*

1.Long Term Repo Operations - lets banks borrow one to three-year funds from the central bank at the
repo rate, by providing government securities as collateral
2.Targeted Long Term Repo Operations - RBI wants banks opting for funds under this option to be specifically invested in investment-grade corporate debt
3.Banks get funds for a longer duration
5. As banks provide government securities as collateral, the demand for such government bonds increases and helps in lowering yield

* Migration and Development Brief*

1.Published by the World Bank group
2 .Estimates a substantial drop in remittances to low and middle-income countries
3.Immediate and long-term economic adjustments in host countries will certainly have cascading effects on labour markets
3.May see a spike in return migration of unskilled and semi-skilled workers, particularly from the GCC
countries

*RBI considers standing deposit facility*

1.To accept extra liquidity over the cash reserve ratio
2.Banks can park as much money as they want without getting collateral
3.At a lower rate than the reverse repo