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  • question_answer
    Which of the following is/are the composition of Liquidity aggregate-2 (L2) other than Liquidity aggregate-1 (LI) in the Indian Monetary System?

    A)  Term deposits with Term Lending Institutions and Refinancing Institutions

    B)  Term Borrowing by Refinancing Institutions

    C)  Certificates of Deposit issued by Refinancing Institutions

    D)  All of the above

    E)  None of the above

    Correct Answer: D

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