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    Question

    The three-year USD-INR buy-sell swap announced by RBI

    will involve what amount? 
    A $5 billion Correct Answer Incorrect Answer
    B $7.5 billion Correct Answer Incorrect Answer
    C $8 billion Correct Answer Incorrect Answer
    D $10 billion Correct Answer Incorrect Answer
    E $12 billion Correct Answer Incorrect Answer

    Solution

    As part of liquidity infusion, RBI will conduct a three-year USD-INR buy-sell swap of $10 billion on January 13, aimed at boosting rupee liquidity in the banking system. 

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