RBI provides Ways and Means Advances (WMA) to __:
RBI provides Ways and Means Advances (WMA) to __:
[A]Central Government
[B]State Government
[C]Both
[D]None
State Government
Whenever there is a temporary mismatch in the cash flow of the receipts and payments of the State Governments, RBI provides them Ways and Means Advances (WMA). This also comes under debt management works of RBI.