Question
In May 2024, India agreed with which country to work
towards an early conclusion of the Local Currency Settlement System Agreement for enabling trade in domestic currencies?Solution
In May 2024, India and Nigeria agreed to expedite the Local Currency Settlement System Agreement to facilitate trade in their respective domestic currencies. Details- • Purpose: The agreement enables trade transactions and settlement of capital and current account transactions using local currencies. • Additional Discussions: Both countries also explored cooperation in the United Payments Interface (UPI) system at the Joint Trade Committee (JTC) meeting held in Abuja, Nigeria.
The Government of India signed a $200 million loan with ADB to improve urban services in which Indian state?
PADMA, the Centralized Pay System has recently been launched for?
Consider the following statement about Pradhan Mantri MUDRA Yojana.
I. It was launched by the government in 2015.
II. It was launched for ...
What product is subject to a ban by G7 countries as part of international sanctions against Russia from 1st Jan 2023?
What is the primary objective of the NHAI and IIIT Delhi collaboration?
What was the significant historical discovery made in the Judean Desert Nature Reserve in Israel recently?
In January 2022, the Centre decided to convert as many as 150 villages into 'Villages of Excellence' in 12 States with technical assistance from the __...
Which book is authored by Captain AD Manek?
The Book ‘capital And Growth’ is written by ?
What is the reason behind Indian weightlifter Sanjita Chanu's four-year ban imposed by NADA's Disciplinary Panel?
