Question

The Reserve Bank of India has expanded its foreign ties with which of the following international banks?

A Bank Indonesia Correct Answer Incorrect Answer
B Bank of America Correct Answer Incorrect Answer
C Standard Chartered Correct Answer Incorrect Answer
D Bank Syariah Indonesia (BSI) Correct Answer Incorrect Answer

Solution

The two central banks signed a Memorandum of Understanding (MoU) on July 16, 2022 in Bali, Indonesia, on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting to improve mutual cooperation between the two central banks.

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