Debt Management Flashcards

1
Q

The management of public debt, including floatation of new loans, is undertaken by the ……………………………. Department at the Central Office and ………………… at offices/branches of the Reserve Bank

A

IDMD and PDO

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2
Q

The normal WMA limits are based on …………………………………….of the state

A

three-year average of actual revenue and capital expenditure

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3
Q

The excess balances of State Government are deployed by RBI in

A

Surplus balances of State Governments are invested in Government of India 14-day Intermediate Treasury Bills automatically in accordance with the instructions.

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