12. What is the limit of WMA fixed by RBI for States Governments and UTs with effect from April 2022? A.Rs 52,101 croreB.Rs 49,000 croreC.Rs 47,010 croreD.Rs 35,210 crore
Explanation: The Reserve Bank has decided to reduce the Ways and Means Advances (WMA) for States Governments and Union Territories (UTs) from Rs 51,560 crore to Rs 47,010 crore, considering the improvement in the pandemic situation.
