Question
The RBI recently allowed non-residents holding Special
Rupee Vostro Accounts (SRVAs) to invest surplus rupee balances in which instrument?Solution
The RBI permitted non-residents with SRVAs to invest surplus rupee balances in government securities. SRVAs, introduced in 2022, allow trade settlement in INR, helping promote rupee internationalisation. This reduces dependence on USD, lowers hedging costs, and promotes global acceptance of INR.
What is the name of the AI-based initiative launched by the NCW to promote digital literacy among women?
Which astronaut has been designated as the primary crew member for the upcoming Indo-US mission to the International Space Station (ISS)?
Who won the 2023 Monaco Grand Prix and extended his lead in the Drivers' Championship?
How many low-performing districts will be targeted under the PMDDKY?
Who were named the Most Valuable Players at the 74th National Basketball Championship?
Who has taken on the additional responsibility as the Director General of the Border Security Force (BSF)?
Women, Business and the Law 2023 Report is released by which of the following?
In how many districts across India will the NAVYA pilot initiative be implemented initially?
Sanwariya Seth Temple, recently seen in the news, is located in:
When is International Literacy Day celebrated every year?
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