Question
Which bank provides the Smart Payment Card in
collaboration with the All India Institute of Medical Sciences (AIIMS), Delhi, aimed at facilitating hassle-free payments for treatment?Solution
The All India Institute of Medical Sciences (AIIMS), Delhi-SBI Smart Payment Card, which is aimed at providing hassle-free payments for treatment. “AIIMS Smart Payment Card will resolve the long pending issue of patients from far-flung areas carrying cash with them to the hospital.
IMF describing India’s FX regime as “crawl-like” rather than purely floating implies ______​
According to the Interest Rate Parity (IRP) theory, if the 1-year risk-free interest rate in India is 10% and the 1-year risk-free interest rate in ...
What is meant by 'Deficit Monetization'?Â
The primary function of the foreign exchange market in an open economy is to:​Â
A SEBI-regulated entity performing cross-border transactions uses a BIC (Business Identifier Code), commonly known as a SWIFT Code. In an 8 or 11-chara...
A SEBI-registered Infrastructure Investment Trust (InvIT) plans to raise funds by issuing Masala Bonds in the London market. Which of the following re...
A company based in the United States is expecting to receive a payment of 10 million euros in next two months. The company is concerned about the fall i...
When a country devalues its currency to improve its trade balance, the J-Curve effect suggests that the trade deficit will initially worsen before i...
The Marshall-Lerner Condition explains the requirement for a currency devaluation to successfully improve a country's trade balance in the long run. A...
An Indian importer observes the following quotes in the interbank market:
- Direct Quote in India:Â 1 USD = â‚ą83.50
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