📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What is the primary objective of the Forex

    Correspondents Scheme introduced by the Reserve Bank of India?
    A Boosting Stock Market Investments Correct Answer Incorrect Answer
    B Enhancing Foreign Exchange Services Correct Answer Incorrect Answer
    C Encouraging Cryptocurrency Transactions Correct Answer Incorrect Answer
    D Facilitating Gold Imports Correct Answer Incorrect Answer
    E Expanding Agricultural Export Financing Correct Answer Incorrect Answer

    Solution

    Explanation : The Forex Correspondents Scheme introduced by the RBI aims to enhance foreign exchange services and ease of doing business .

    Practice Next

    Relevant for Exams:

    ask-question