Question
In order to settle an international trade in Indian
rupee, an AD bank needs to open ______________ of correspondent bank/s of the partner trading country, with prior approval of the RBI.Solution
With effect from July 11, 2022, RBI put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR, in order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR. For putting in place this mechanism, AD banks shall require prior approval from the RBI. In this context, AD bank in India may open Special Rupee Vostro Accounts of correspondent bank/s of the partner trading country.
Scalding of vegetables is a:
What is the first step in the generation system of seed multiplication?
A rise in the general level of prices in an economy is termed as?
In reduction reaction what happens?
Which one of the following strategies is unsuitable for the management of ‘Ascochyta blight’ of chickpea?
With respect to irradiation of food, which one of the following is INCORRECT:
The agriculture growth rate target fixed by the Planning Commission during 11th plan of India is
First transgenic plant resistant to Manduca sexta is ____
Depending upon the variety, the recommended seed rate for planting of sugarcane in Punjab ranges between:
Central Sheep and Wool Research Institute is located at ______
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