Web4 hours ago · A Sydney businessman charged with selling Australian defence and security secrets to foreign spies will remain in custody after appearing in court today. Alexander … WebIndian spends lot of foreign currency on travelling abroad. The spending power of Indians on tourism and purchasing also demands foreign currency. For any country it is most important to have balanced foreign currency reserve to back up foreign currency liabilities. In India, RBI acts as custodian of countries foreign currency reserve.
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WebApr 13, 2024 · Controller of money market The Reserve Bank of India is armed with many more powers to control the Indian money market Custodian of foreign exchange reserves Besides maintaining the rate of exchange of the rupee, the Reserve Bank has to act as the custodian of India's reserve of international currencies. 6. A) TRADITIONAL FUNCTIONS 1. Web16 hours ago · Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the … bob marley rockpalast
MONEY AND BANKING MCQs With Solved Answers - CBSE 2024
WebSep 21, 2024 · (a) RBI (b) Commercial Bank (c) Ministry of Finance (d) State and Central Government. 17. Which of these is not the function of a RBI( CENTRAL BANK) ? (a) Accepting deposits of general public (b) Custodian of Foreign Exchange Reserve (c) Banker’s Bank (d) Currency Authority. 18. Which of the following function is not performed … Web16 hours ago · Apr 14, 202404:56 PDT. USDINR +0.22%. India's foreign exchange reserves (INFXR=ECI) jumped to $584.76 billion for the week ended April 7, the highest in nine months, the Reserve Bank of India's (RBI) statistical supplement showed on Friday. That is an increase of $6.3 billion from the previous week. The central bank intervenes in the spot … Web15 hours ago · India's foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in nine months, the Reserve Bank of India's (RBI) statistical supplement showed on Friday. clip art recycle sign