New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following two Russian Bank are the first

    foreign lenders to have received approval from the RBI towards settling international trade transactions in rupee?
    A Sberbank Correct Answer Incorrect Answer
    B VTB Bank Correct Answer Incorrect Answer
    C Moscova Bank Correct Answer Incorrect Answer
    D Both A and B Correct Answer Incorrect Answer
    E Both B and C Correct Answer Incorrect Answer

    Solution

    Russia’s two largest banks — Sberbank and VTB Bank — are the first foreign lenders to have received approval from the RBI towards settling international trade transactions in rupee.

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