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The production, sale and consumption of all types of liquor have been
banned in the state which means that henceforth person found
indulging in manufacturing trade, transportation, sale and
consumption of liquor across the state will be punished under the
stringent provisions of the Bihar Excise (Amendment) Act, 2016.
2. Cash reserve ratio (CRR): RBI has unchanged CRR and kept it at 4.0
per cent of net demand and time liabilities (NDTL).
3. Reverse repo rate: The rate at which banks can keep excess funds
with the RBI, was hiked to 6 per cent.
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