Question

The repayment period for short-term WMA is:

• A. 40 days
• B. 60 days
• C. 90 days
• D. 180 days

Answer 1

Answer:

C. 90 days

Short-term WMA provided by the RBI to the Central and State Governments must be repaid within 90 days. They are meant only to meet temporary cash flow mismatches, not for long-term financing.