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The commerce ministry allowed invoicing, payment and settlement of exports and imports in Indian rupee, a move aimed at facilitating trade in the domestic currency. To align the Foreign Trade Policy (FTP) with this decision of the RBI, the Directorate General of Foreign Trade (DGFT) added a new paragraph in the FTP. As per the new para(Para 2.52 (d)), Indian importers undertaking imports through this mechanism will make payment in INR which will be credited into the special vostro account of the correspondent bank of the partner country, against the invoices for the supply of goods or services from the overseas seller/supplier.
Xiomara Castro was sworn in as the first woman president of ______________.
Which Indian state has the highest density of population per km² according to the Census of 2011?
Articles 14 to 18 of the Indian Constitution deal with:
What is the percentage of Scheduled Castes in the Total Population of Uttar Pradesh?
How many Gram Sabha meetings must be conducted in a year in Uttar Pradesh?
For the first time, which Indian woman has joined the Army Aviation Corps as a combat aviator after completing her training?
A bank listing its Additional Tier 1 (AT1) bonds on an international financial services center (IFSC) is primarily doing so to:
Which city is home to India's first underwater metro section?
What was the growth rate of India's real GDP in Q2 of FY2024-25, as compared to Q1 of the same fiscal year?
Which of the following research organizations will be launching “One Week One Lab” campaign in the month of January 2023 ?