Question

    What is the primary objective of the Forex Correspondents Scheme introduced by the Reserve Bank of India?

    A Boosting Stock Market Investments Correct Answer Incorrect Answer
    B Enhancing Foreign Exchange Services Correct Answer Incorrect Answer
    C Encouraging Cryptocurrency Transactions Correct Answer Incorrect Answer
    D Facilitating Gold Imports Correct Answer Incorrect Answer
    E Expanding Agricultural Export Financing Correct Answer Incorrect Answer

    Solution

    Explanation : The Forex Correspondents Scheme introduced by the RBI aims to enhance foreign exchange services and ease of doing business .

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