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


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    How many countries have operationalised Special Rupee

    Vostro Accounts (SRVAs) with India?
    A 18 Correct Answer Incorrect Answer
    B 22 Correct Answer Incorrect Answer
    C 16 Correct Answer Incorrect Answer
    D 10 Correct Answer Incorrect Answer
    E 25 Correct Answer Incorrect Answer

    Solution

    To promote rupee-based trade settlement, the RBI has facilitated the operationalisation of SRVAs with 22 countries . These accounts enable foreign entities to transact in Indian Rupees directly, reducing dependency on dominant currencies like the US dollar.

    Practice Next

    Relevant for Exams:

    ask-question