What is the Ways and Means Advances limit fixed by the RBI for the second half of FY 2026-27?
- A.Rs 30,000 crore
- B.Rs 40,000 crore
- C.Rs 60,000 crore
- D.Rs 50,000 crore
Correct answer
Explanation
The correct answer is Rs 50,000 crore. Ways and Means Advances is the facility through which the Reserve Bank of India lets the Centre bridge short-lived mismatches between money received and money paid out, and for the second half of FY 2026-27 the ceiling on this facility has been set at Rs 50,000 crore. Options A, B and C are all wrong because none of them is the ceiling named in the announcement; they are plausible-looking round figures placed around the real one. Aspirants should also keep the other numbers of the plan clearly apart from this one: the gross half-yearly borrowing is Rs 7,86,000 crore, the green bond portion is Rs 15,000 crore, the weekly Treasury Bill issuance in the third quarter is Rs 23,000 crore, and the greenshoe option lets the government retain up to Rs 2,000 crore extra on each security put up for auction.
Read the full article: Centre to Borrow Rs 7,86,000 Crore in H2 of FY 2026-27
Practice Questions
How much does the Government of India plan to borrow from the market in the second half of FY 2026-27?
- A.Rs 6,86,000 crore
- B.Rs 7,86,000 crore
- C.Rs 8,86,000 crore
- D.Rs 9,86,000 crore
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The Finance Ministry, after consulting the Reserve Bank of India, settled on this gross market borrowing figure for the closing half of FY 2026-27, and the whole sum is to be raised through 23 weekly auctions of dated securities.
Read the full explanation →Through how many weekly auctions will the second-half market borrowing be completed?
- A.13
- B.19
- C.23
- D.26
Show answer
The gross borrowing of Rs 7,86,000 crore planned for the second half of FY 2026-27 will be completed through 23 weekly auctions of dated securities, with the paper spread over eight maturity buckets ranging from three years to fifty years.
Read the full explanation →What was the theme of the 14th India Chem 2026 held in Mumbai?
- A.Advantage Bharat: An Emerging Global Chemicals Hub
- B.Chemicals for a Viksit Bharat
- C.Green Chemistry, Green Growth
- D.Make in India, Mix in India
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The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.
Read the full explanation →Which of the following is NOT one of India's three operational Petroleum, Chemicals and Petrochemicals Investment Regions?
- A.Dahej in Gujarat
- B.Paradeep in Odisha
- C.Visakhapatnam-Kakinada in Andhra Pradesh
- D.Haldia in West Bengal
Show answer
India has three operational PCPIRs: Dahej in Gujarat, Visakhapatnam-Kakinada in Andhra Pradesh and Paradeep in Odisha. Haldia is not among them, so option D is the exception.
Read the full explanation →What is the total financial outlay of the BHAVYA Rasayan scheme for dedicated chemical parks?
- A.Rs 1,000 crore
- B.Rs 3,030 crore
- C.Rs 5,000 crore
- D.Rs 30,000 crore
Show answer
The Bharat Audyogik Vikas Yojana Rasayan scheme, approved in July 2026, carries that total outlay, of which Rs 3,000 crore is earmarked for common infrastructure and basic utilities and Rs 30 crore for administrative expenditure.
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