Question

    The RBI has signed a Currency Swap Agreement with the

    Maldives Monetary Authority (MMA); the SAARC Currency Swap Agreement came into operation in _________.
    A 1 November 2012 Correct Answer Incorrect Answer
    B 11 November 2012 Correct Answer Incorrect Answer
    C 15 November 2012 Correct Answer Incorrect Answer
    D 23 November 2012 Correct Answer Incorrect Answer

    Solution

    The SAARC currency swap facility came into operation on 15th November, 2012.

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