Question
What is the currency for conducting business by the
banking units as per the IFSCA (Banking) Regulations, 2020?Solution
Rule 10. Currency for conducting business A Banking Unit shall conduct such business in freely convertible foreign currencies and with such persons, whether resident or otherwise, as may be specified by the Authority. Provided that a Banking Unit may be permitted to conduct such business in INR with such persons, whether resident or otherwise, as may be specified by the Authority, subject to settlement of the financial transaction in relation to such business in freely convertible foreign currency.
'Hydraulic brakes' work on the principle of –
Axis Bank will infuse _________ in Max Life Insurance through preferential allotment, which will result in the private sector lender’s direct stake in...
The third No Money for Terror ( NMFT ) conference was held in?
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Which Indian state launched an AI-based Disease Surveillance System for livestock in June 2025?
By how much did India's tele density increase under the Department of Telecommunications' initiative?
The consumer price index ( CPI)- based inflation accelerated to _____in September from 7 percent in the previous month.
