Question
In 2023-24 (FY24), how much worth of sovereign gold
bonds (SGBs) did the Reserve Bank of India sell, marking the highest-ever response to the instrument since its introduction in November 2015?Solution
In 2023-24 (FY24), the Reserve Bank of India sold sovereign gold bonds (SGBs) worth 44.3 tonnes, marking the highest-ever response to the instrument since its introduction in November 2015. In terms of value, with SGBs valued at $3.26 billion in FY24, it is expected to save 7-8 per cent of the country’s annual import bill for the precious yellow metal.
Bank of Maharashtra reported a _______per cent jump in its standalone net profit at Rs 165 crore in the quarter ended March 31, 2021.
To make SWIFT movement of inward remittances easier and faster for its customers ____ bank has launched the ‘Smart Wire Service’.
What is the objective of the Bima Sugam – Insurance Electronic Marketplace Regulations, 2024?
A n eligible employee can exercis e the option for UPS , as per the PFRDA ( Operationalisation of the Unified Pension Scheme under NPS) Regulations, 20...
Which regulation excludes family trusts set up for benefiting 'relatives' under the Companies Act, 2013, from being considered as AIFs?
Banks shall not publish the internal benchmark for which one of the following maturities:
What type of authorization did CAMS receive from the RBI in 2023?
Which NBFC has made a tie up with State Bank of India for co-lending arrangement to lend to a priority sector.
Under the Periodic KYC Updation protocol, what is the minimum requirement for advance intimations before the due date?
Where is the joint military exercise 'Desert Cyclone 2024' between India and the United Arab Emirates (UAE) taking place?