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      Question

      The SAARC currency swap framework extended in 2024 is

      worth: 
      A $1 billion Correct Answer Incorrect Answer
      B $1.5 billion Correct Answer Incorrect Answer
      C $2 billion Correct Answer Incorrect Answer
      D $2.5 billion Correct Answer Incorrect Answer
      E $3 billion Correct Answer Incorrect Answer

      Solution

      In 2024, the RBI renewed a $2 billion currency swap arrangement with SAARC countries, established to provide emergency balance-of-payments support to other member economies. 

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