Question
Which bank has executed its first non-deliverable forex
derivative transaction with Reliance Industries, after the Reserve Bank of India allowed such transactions for resident Indians?Solution
HSBC India has executed its first non-deliverable forex derivative transaction with Reliance Industries, after the Reserve Bank of India allowed such transactions for resident Indians. The RBI‘s decision to allow banks to offer non-deliverable foreign exchange derivative contracts involving Indian rupee to resident entities is expected to align the rupee hedging curves in onshore and offshore markets.
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Vague
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She has been described by former co-workers as someone who is determined to achieve what she wants .
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The word is no longer in use.
Select the word which means the same as the group of words given.
Something that cannot be avoided
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