Question
The recent RBI $5 billion USD/INR swap is expected to
drain approximately how much liquidity from the system?Solution
In a USD/INR buy/sell swap, the RBI sells dollars and buys rupees to absorb liquidity. The second leg of this $5 billion swap is expected to drain ₹43,000 crore from the system. However, given the surplus liquidity (₹4.09 lakh crore), the overall impact on liquidity conditions remains limited.
_________ is the author of the book ‘Whereabouts’.
Which initiative collaborates with DPIIT to support startups?
In T20 cricket matches, a bowler can bowl a maximum of _______.
Which of the following hormones is used as a herbicide?
A Governor shall, notwithstanding the expiration of his term, continue to hold office until __________.
The folk-dance form ‘Gaur Maria’ is native of which state in India?
In which type of tax is the marginal tax rate higher than the average tax rate?
Crystals of copper sulphate pentahydrate, on heating, form:
Who was the first Odissi dancer from Odisha to receive Padma Vibhushan?
PC Mahalanobis is remembered as a major contributor of India’s developmental path because he __________.
(A)set up Indian Institutes of Managem...
