In order to settle an international trade in Indian rupee, an AD bank needs to open ______________ of correspondent bank/s of the partner trading country, with prior approval of the RBI.
With effect from July 11, 2022, RBI put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR, in order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR. For putting in place this mechanism, AD banks shall require prior approval from the RBI. In this context, AD bank in India may open Special Rupee Vostro Accounts of correspondent bank/s of the partner trading country.
Which Indian state is the largest producer of tea?
Which is the world’s highest valued currency:
The Nobel Peace Prize 2017 was won by
Who has taken over India's National Carrier Air India with a deal of 18,000 crores?
Mahatma Gandhi Sarbat Vikas Yojna was recently launched in the state of
Which of the following is the component of Foreign Exchange Reserve of a country?
exhausting temperature of canned fruits and vegetables is
. ‘YOUR FAITHFUL AND FRIENDLY FINANCIAL PARTNER’ is the tag line of which Bank?
Which one of these online marketplaces becomes the first major platform to offer direct mutual funds to consumers?
Xiomara Castro has become the first-ever female President of which nation?