Question
India International Bank of Malaysia (IIBM), based in
Kuala Lumpur, has opened a special Rupee Vostro account to settle trades in Indian Rupee through which of its corresponding bank in India?Solution
Trade between India and Malaysia can now be settled in Indian Rupee (INR) in addition to the current modes of settlement in other currencies.   The RBI’s initiative is aimed at facilitating the growth of trade and supporting the interests of the global trading community in the Indian rupee     India International Bank of Malaysia (IIBM), based in Kuala Lumpur, has operationalized this mechanism by opening a special Rupee Vostro account through its corresponding bank in India that is Union Bank of India.
Under which of the following scheme, the Centre transfers an amount of Rs 6,000 per year, in three equal instalments?
The upper limit for FDI in Insurance Sector is increate to ____ % from 49%.
Which of the following bond/s are issued with a coupon rate but the coupon payment is done at the time of redemption?
First net zero emission airport is coming up in _________?
Consider the following statements regarding the privatization of the public sector enterprises:
1. Privatization is the liquidation of government...
Identify the institution that accepts deposits, makes loans, and makes investments with the intent of profiting.
________________ has approved a USD 250 million (about Rs 1,875 crore) loan to support India’s National Industrial Corridor Development Program (NICD...
The Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in ___________.
Recently RBI proposed a ___ tier regulatory and supervisory framework for NBFCs.
Payment Banks in India are prohibited from performing which of the following activities?
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