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.
Consider the following statements and choose the correct statements:
(A). Sugarcane has kranz anatomy in their leaves
(B). Maize is a C�...
Which one of the following is the group of herbicide affecting synthesis of amino acids like valine, leucine and isoleucine?
Name of the insect Order in which (in general), the larval stage is phytophagous and adults are nectar feeder/sap suckers:
Which reproductive structure in angiosperms contains the egg-bearing ovule?
Three types of patents areÂ
Tomato originated in:
What is the term for the practice of growing grass or legumes in rotation with grain or tilled crops as a soil conservation measure?
The different amino acids are joined together by peptide bonds to form:
Which of the following are correct about Câ‚„ Â cycle and Câ‚„ Â plant?
A. Phosphoenolpyruvate carboxylase is located in cytosol
B. C₄ �...
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