New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Government of India has undertaken Switch Operation of

    Rs .________ Crore with RBI?
    A 1,00,000 Correct Answer Incorrect Answer
    B 1,10,107 Correct Answer Incorrect Answer
    C 1,15,407 Correct Answer Incorrect Answer
    D 1,19,701 Correct Answer Incorrect Answer
    E 1,20,000 Correct Answer Incorrect Answer

    Solution

    The Government of India has done a conversion switch transaction of its securities with the Reserve Bank of India (RBI) for an amount of1,19,701 crores. Switch operation is exchanging bonds whose tenure is over with the bonds with fresh bonds.

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