Question
What is the main objective of the Memorandum of
Understanding (MoU) signed between RBI and Bank Indonesia regarding local currencies?Solution
The MoU aims to promote the use of local currencies (Indian Rupee and Indonesian Rupiah) for cross-border transactions, facilitating invoicing and payments in domestic currencies.

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A tree of height 'h' metres is broken by storm in such a way that its top touches the ground at a distance of 'x' metres from t...
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...