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      Question

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

      will involve what amount?┬а
      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.┬а

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