New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which two countries have agreed to finalize the Local

    Currency Settlement System Agreement to enhance bilateral trade?
    A India and China Correct Answer Incorrect Answer
    B India and Nigeria Correct Answer Incorrect Answer
    C Nigeria and South Africa Correct Answer Incorrect Answer
    D India and Brazil Correct Answer Incorrect Answer

    Solution

    India and Nigeria have agreed to finalize a local currency settlement system agreement to strengthen their economic ties and promote the use of their local currencies for cross-border transactions:  • Agreement: The two countries agreed to conclude the agreement early. 

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