Question
How much did the RBI sell in the foreign exchange market
in November 2024 to manage rupee volatility?Solution
The Reserve Bank of India (RBI) sold a record $20.2 billion in the foreign exchange market in November 2024 to stabilize the rupee amid foreign portfolio investor (FPI) outflows and a strong US dollar. This was the highest dollar sale in a single month, surpassing the previous record of $20.1 billion in March 2022.
The Digital India Programme is an ambitious initiative launched by the Government of India on July 1, 2015, with the aim of transforming India into a di...
FRBM stands for:
Who among the following can be the beneficiary of PM Kisan Maan Dhan Yojana?
Which initiative helped reduce the misuse of household cylinders for commercial purposes and ensured subsidies reached the intended beneficiaries by dir...
Central Government’s PM FME scheme aims at providing financial, technical and business support to upgrade existing micro food processing enterprises....
Who among the following are the beneficiaries of PM FME Schemes?
I- Micro Food Entrepreneurs
II- FPOs
III- SHGs
IV- Co-opera...
Which of the following is one of the major differences between an NBFC & a Bank?
Consider the following statements about the Beneficiary-led individual house construction/enhancement (BLC) component of PM Awas Yojana (Urban):
<...NABARD is entrusted with the task of acting as the National Implementing Agency (NIE) of which of the following funds?
Fill in the First Blank with the year Right to Education Act was passed.
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