Question
The Reserve Bank of India (RBI) has given approval for
India and _____ to use their national currencies for bilateral trade settlement in order to reduce the cost of transactions and enhance the efficiency of cross-border trade.Solution
 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.
Fill in the blanks using correct option-\ Â There is a mismatch ___consumption of food grain and utilization of cooking gas in ____ States.
Select the most Appropriate option to fill in blank
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Each question below has two blanks, which is indicating that something has been omitted. Choose the most suitable option indicating the words that can ...
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Fill in the blanks with the most appropriate word from among the choices given below them.
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   (A) discussion            ...
Choose the appropriate answer.