The Reserve Bank of India (RBI) has given approval for India and _____ to use their national currencies for bilateral trade settlement in order to reduce the cost of transactions and enhance the efficiency of cross-border trade.
The Reserve Bank of India (RBI) has given approval for India and Tanzania to use their national currencies for bilateral trade settlement. The use of national currencies in bilateral trade settlements is expected to reduce the cost of transactions and enhance the efficiency of cross-border trade. This, in turn, will lead to increased trade volumes and greater economic cooperation between India and Tanzania. Under this mechanism, authorised banks in India will open Special Rupee Vostro Accounts (SRVAs) of correspondent banks of Tanzania. Tanzanian banks will have to open Special Rupee Vostro Accounts in India by approaching authorised Indian banks.
What is the elasticity of income in the case of Giffen goods?
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
If it rains a dealer in raincoats can earn Rs. 400 per day. If it is a fair day he loses Rs. 80 per day. What is his expectation if the probab...
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
If the public consumes €100 billion less and the government purchases €100 billion more (other things unchanging), which of the following stat...
R-square is the fraction of
Bilateral Monopoly is the case where
Which of the following sectors received significant emphasis in the Renewable Energy Development Bill as highlighted in the Economic Survey 2023-24?
In the standard IS-LM model, an increase in Government spending (G) without changing taxes has
What is the reserve deposit ratio (rdr)?
