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      Question

      The RBI and Bank of Japan renewed their Bilateral Swap

      Arrangement (BSA) in February 2026. What is the value of this arrangement? 
      A USD 25 billion Correct Answer Incorrect Answer
      B USD 50 billion Correct Answer Incorrect Answer
      C USD 75 billion Correct Answer Incorrect Answer
      D USD 100 billion Correct Answer Incorrect Answer
      E USD 150 billion Correct Answer Incorrect Answer

      Solution

      RBI and Bank of Japan renewed their BSA worth USD 75 billion effective February 28, 2026. This was the Third Amendment and Restatement Agreement. A Bilateral Swap Arrangement allows two central banks to exchange currencies up to a pre-determined limit. 

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