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

    Question

    Which country did India make payments in rupees for

    crude oil purchases, signalling a move to promote the global use of its currency?
    A Russia Correct Answer Incorrect Answer
    B Saudi Arabia Correct Answer Incorrect Answer
    C Iran Correct Answer Incorrect Answer
    D UAE Correct Answer Incorrect Answer

    Solution

    India made payments in rupees for crude oil from the UAE, aiming to boost the global use of its currency and fulfil obligations related to price caps on Russian oil.

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