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The Reserve Bank of India (RBI) has given approval for India and Tanzania to use their national currencies for bilateral trade settlement. The use of national currencies in bilateral trade settlements is expected to reduce the cost of transactions and enhance the efficiency of cross-border trade. This, in turn, will lead to increased trade volumes and greater economic cooperation between India and Tanzania. Under this mechanism, authorised banks in India will open Special Rupee Vostro Accounts (SRVAs) of correspondent banks of Tanzania. Tanzanian banks will have to open Special Rupee Vostro Accounts in India by approaching authorised Indian banks.
Which Indian government scheme aims to provide credit facilities to small and microenterprises in the manufacturing and service sectors?
Which of the following is NOT a type of innovation?
Which of the following is not a source of innovation?
What is the term used to describe the process of discontinuing a product, service, or business unit due to low profitability or market demand?
Which of the following is a psychological factor affecting entrepreneurial growth:
Which one of the following is the main problem for the entrepreneur in the beginning stages of creating a new venture?
Which Indian government initiative focuses on promoting innovation and entrepreneurship among students in schools and colleges?
What is the term used to describe the process of bringing a new product or service to market?
Which of the following is NOT a characteristic of entrepreneurial mindset?
What is the primary purpose of innovation in entrepreneurship?
