FCNR accounts are protected against forex rate risks (changes in the value of rupee vis-a-vis the currency in which the account is denominated) as they are maintained in a foreign currency. In other words, the principal and the interest are transferred in the currency in which the account is maintained sans any loss of exchange. The forex risk is therefore absorbed by the bank.
First time in India's legislative Assembly history, union budget presented on 1st February ___________ ahead of usual date in the past.
Arrange the following beaches on the west coast of India from South to North
1) Marvey Beach
2) Dumas Beach
3) Baga Beach
Which of the following pairs is incorrectly matched with its state?
Which notable Indian figure composed the national anthem 'Jana Gana Mana'?
Which deposits are chequeable deposits?
LAF (Liquidity Adjustment Facility) is the principal tool of monetary policy.
To analyze and recommend implementable actions for improving the Board of Control for Cricket in India (BCCI), which committee is formed?
Recently WHO approved Indian made vaccine TVC for global use. This vaccine is developed for:
Reverse Repo is to absorb the liquidity and Repo is to inject the liquidity
Match the following:
A) BIS P) Washington DC
B) IMF Q) Rome
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