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      Question

      The RBI has signed a Currency Swap Agreement with the

      Maldives Monetary Authority (MMA); the SAARC Currency Swap Agreement came into operation in _________.
      A 1 November 2012 Correct Answer Incorrect Answer
      B 11 November 2012 Correct Answer Incorrect Answer
      C 15 November 2012 Correct Answer Incorrect Answer
      D 23 November 2012 Correct Answer Incorrect Answer

      Solution

      The SAARC currency swap facility came into operation on 15th November, 2012.

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