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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
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B
Liquidity Adjustment Facility
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C
Longterm Achievement Facility
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D
Legal Adjustment Formality
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E
None of these
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Solution

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

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