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.
What type of performance guarantee is given in case of public tenders?Â
Tenure of first auditor shall be from the date of appointment till the?
Calculate the direct exchange rate between INR and HKD from the following information
Spot INR/GBP = 100.82
Spot HKD/GBP = 10.71
Fo...
Which of the following is/are the basic component(s) of financial risk?
An investment fund that is traded on an exchange is known as
Which of the following is NOT mentioned as an eligible external benchmark in the circular on External Benchmark Based Lending issued by RBI?
What is meant by the term "market capitalization" in equity markets?
Which of the following banks was established as a private sector bank in India?
1)Â Â Â Axis Bank
2)Â Â Â IDBI Bank
3)Â Â ...
One of the best sources of information on training needs of employees in an organisation is their Performance Appraisal. In fact, many organisations hav...
In which of the following situations is it advisable for an investor to buy a bond?
