Question
Which bank has executed its first non-deliverable forex
derivative transaction with Reliance Industries, after the Reserve Bank of India allowed such transactions for resident Indians?Solution
HSBC India has executed its first non-deliverable forex derivative transaction with Reliance Industries, after the Reserve Bank of India allowed such transactions for resident Indians. The RBI‘s decision to allow banks to offer non-deliverable foreign exchange derivative contracts involving Indian rupee to resident entities is expected to align the rupee hedging curves in onshore and offshore markets.
Prime Minister Shri Narendra Modi launched how many PARAM Supercomputers in India?
In which city was the National Basketball Academy established in collaboration with Corvuss American Academy by the Basketball Federation of India?
Kafni River is a tributary of which of the following rivers?
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Consider the following;
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Who will be honored with the Dadasaheb Phalke Lifetime Achievement Award?
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Panna National Park is situated in which Indian state?
Which type of foreign investment is considered as unsafe
The purple frog, also known as pignose frog is endemic to which part of India?
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