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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.
Select the most appropriate option to fill in the blank.
A ______ mind rarely meets a dead end; it continues the search for the answers.
The Reserve Bank of India has ………… Master directions on the issuance and operation of prepaid payment instruments (PPI) in t...
The coming year may be better for growth but there are some_________ too.
(A) risks          (B) chances      Â...
Don't put all your eggs in one ___________.
The ministry is now formulating a new policy that is ……….. to address the …………….. of the elderly.
Choose the option that provides the most appropriate and contextually fitting word for each blank.
The teacher asked the students to _______...
In Hindu mythology, when Shiva opens his third eye, it is considered a terrible warning for the cosmos.______________. In somewhat similar fashion, in ...
Directions: Below given sentences contain two blanks. Fill in the blanks with appropriate words.Â
The chef used a unique combination of spices...
Jane used volunteering as an ___________ to help her come to terms with her husband’s death.Â
Choose the correct answer to fill the given blank
The company's profits _____ last year.