Question

    RBI introduced a separate channel, called____________, for non-resident investment in Government of India dated securities with effect from April 1, 2020.

    A Fully Investment Route (FIR) Correct Answer Incorrect Answer
    B Foreign Direct Route (FDR) Correct Answer Incorrect Answer
    C Fully Accessible Route (FAR) Correct Answer Incorrect Answer
    D Reserve Accessible Route (RAR) Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Reserve Bank, in consultation with the Government of India, introduced a separate channel, called the 'Fully Accessible Route' (FAR), for non-resident investment in Government of India dated securities with effect from April 1, 2020.

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