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Start learning 50% faster. Sign in nowForeign currency non-resident deposits, usually abbreviated as FCNR(B) – the B stands for banks, are term deposits that non-resident Indians (NRIs) can open with banks in India. These deposits are denominated in foreign currencies permitted by the Reserve Bank of India. In Sept 2013, RBI introduced the three-month swap window for FCNR(B) deposits with a term for three years or more. Under this swap window RBI allowed banks to exchange (or swap) their FCNR(B) deposits with it by paying an interest at a fixed rate of 3.5%. During the period, the interest rate ceiling on these deposits was also increased to LIBOR/Swap plus 400 basis points.
AYUSH Ministry recently set up a Homeopathic research institute in:
Which dance form is native to Arunachal Pradesh?
Which two beaches in Kerala received the Blue Flag certification in January 2025?
If the de Broglie wavelength of an electron is equal to that of a proton, what can be concluded about their momenta?
In Katyuri times, the army was divided into 4 parts:
1. Padatik – Golmik -
2. Ashwarohi - Ashvabaladhikrit
3. Gajarohi - Ha...
Which of the following bodies will manage the ₹750 crore AgriSURE Fund for start-ups and rural enterprises?
The layer is the upper limit of our atmosphere. It extends from the top of the thermosphere up to 10,000 km (6,200 miles).
Warli Painting is the folk painting of which Indian state?
The International Monetary Fund (IMF) was established in:
The Lohani caves, associated with both Hindu and Islamic historical periods, are located in which Indian state?
