Practice Test

What does the letter 'L' denote in term 'LAF' as referred every now and then in relation to monetary policy of the RBI ?

The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same?
(A) The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011 - 2015 which is the period of the awards of the 13th Finance commission
(B) As per the estimates, the target debt in the terminal year 2014 - 15 will be lower than whatever recommended by the 13th Finance Commission.
(C) The paper has recommended that the Govt. should try to generate resources in such a way that it does not have to depend much on debt. The total debt should not be more the 1/3 rd of the total requirements.

A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as --