Question
According to the RBI’s revised guidelines on hedging
foreign exchange risk, a user can enter into foreign exchange derivative contracts without underlying exposure within a prescribed limit. Which of the following best describes the documentation required for users seeking to take positions beyond USD 100 million?Solution
The circular "Risk Management and Inter-Bank Dealings – Hedging of Foreign Exchange Risk" requires users who take positions beyond USD 100 million to submit a quarterly risk exposure report to the RBI through their Authorized Dealer.
Which one of the following is the only inscription in which the names of Chandragupta Maurya and Ashoka are mentioned together?
Which technology is NOT mentioned as part of India’s upgraded Multi-Agency Centre (MAC)?
World Health Organization (WHO) recently recommended a new vaccine, R21/Matrix-M, for the prevention of which diesease in children?
Who has been appointed as the brand ambassador by Bank of Baroda?
Which of the following ranks in the Indian Army is equivalent to the rank of "Group Captain" in the Indian Air Force?
Who has become the first Indian female athlete to win a gold medal in javelin throw in the history of Asian Games?
In which event did Emma McKeon win her final Olympic gold medal at Paris 2024?
Who provided a description of the utilization of handmade paper in the mountainous regions of Garhwal and Kumaon?
Where was India’s first AI-powered drone-based cloud seeding project launched?
Which of the following statements is/are not correct?
1. Balkrishna Doshi received the Padma Bhushan in 2020; and the Padma Shri in 1976.
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