wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Byju's Answer
Standard VIII
Mathematics
Finding Sales Tax / VAT
Many a times,...
Question

Many a times, we read in newspaper that the RBI has revised certain rates/ratios under LAF. What is the full form of LAF?

A
Legal Adjustment Facility
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Liquidity Adjustment Facility
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Longterm Achievement Facility
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Legal Adjustment Formality
No worries! We‘ve got your back. Try BYJU‘S free classes today!
E
None of these
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Legal Adjustment Facility
The full form of LAF is Legal Adjustment Facility.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Sales Tax and Value Added Tax
MATHEMATICS
Watch in App
explore_more_icon
Explore more
Finding Sales Tax / VAT
Standard VIII Mathematics
Join BYJU'S Learning Program
book_image
AI Tutor
book_image
Textbooks
book_image
Question Papers
book_image
Install app
CrossIcon