Question
In the RBI’s circular on hedging foreign exchange
risk, what is the maximum notional amount for derivative contracts involving INR without requiring underlying exposure?Solution
As per the circular on "Risk Management and Inter-Bank Dealings," derivative contracts involving INR can go up to USD 100 million without needing underlying exposure.
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What will come in place of the question mark (?) in the following series?
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What will come in place of (?) Question mark in the given number series.
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