The Reserve bank of India has set the limit for Ways and Means Advances (WMA) for the second half of the financial year 2021-22 to what amount?

• A. Rs. 60,000 crore
• B. Rs. 40,000 crore
• C. Rs. 70,000 crore
• D. Rs. 50,000 crore

Answer: (D)

The Reserve bank of India has set the limit for Ways and Means Advances (WMA) for the second half of the financial year 2021-22 i.e October 2021 to March 2022 at Rs. 50,000 crore.