Question
Why did the Reserve Bank of India (RBI) authorize banks
to open additional current accounts for export proceeds in July 2022?Solution
The Reserve Bank of India (RBI) has permitted banks to open additional current account for exports proceeds in addition to special rupee vostro accounts with a view to provide greater operational flexibility to exporters. In July 2022, the RBI had asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.
Through which of the following processes does alternating current (AC) get converted to direct current (DC)?
Which of the following years has been declared by the United Nations as the International Year of Forests?
In 2021, in which of the following states did the Prime Minister lay the foundation stone for the Raja Mahendra Pratap Singh State University?Â
Under the revised MSME classification effective 1 April 2025, which of these is the correct composite threshold for a micro enterprise?
Where is the Kakarapar Atomic Power Plant is located?
As of March 2024, who among the following is the Chairperson of the National Green Tribunal?
Which of the following refers to the minimum interest rate below which financial institutions can't lend, except in certain cases?
Which is the largest chemical fertilizer producer in India?
Who is known as the 'Missile Man of India'?
Pandit Ravi Shankar popularised which instrument in particular all over the world?
