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    Question

    How much liquidity did the RBI drain from the system

    through its recent $5 billion USD/INR swap? 
    A ₹35,000 crore Correct Answer Incorrect Answer
    B ₹40,000 crore Correct Answer Incorrect Answer
    C ₹43,000 crore Correct Answer Incorrect Answer
    D ₹45,000 crore Correct Answer Incorrect Answer
    E ₹50,000 crore Correct Answer Incorrect Answer

    Solution

    The RBI’s second leg of the $5 billion USD/INR buy/sell swap removed ₹43,000 crore from the system. 

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