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HDFC Bank and Canara Bank have got approval from the Reserve Bank of India (RBI) to open a special Vostro account for trade in rupees and both the approvals are for trade with Russia. So far five Indian banks — UCO Bank, Union Bank, and IndusInd Bank being the other three have received regulatory clearance for such trade. Aprt from these banks, two Russian banks — Sber Bank and VTB have also received RBI’s approval to have branches in India.
What is the full form of 'GDP'?
Fiscal policy in India is formulated by?
In which market structure does a firm have the autonomy to set prices?
The annual rate of growth of GDP has been the lowest in which Five Year Plan?
Which of the following is NOT included in the 'Operating Surplus' category?
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
The Lorenz curve is used to display which of the following?
Which Indian batsman has recently announced his retirement from cricket?
What is Monetary Policy Framework Agreement?
What function do commercial banks in India perform?