What is the total corpus of the Rupee support in revised Framework on Currency Swap Arrangement for South Asian Association of Regional Cooperation (SAARC) countries from 2024 to 2027?

Practice MCQ for SSC, UPSC, RRB Exams

A. 25,000 crore A.
B. 2,500 crore B.
C. 15,000 crore C.
D. 125,000 crore D.

Correct Answer: A সঠিক উত্তর: A

Explanation ব্যাখ্যা

The Reserve Bank of India has put in place a revised framework on currency swap arrangements for countries within the South Asian Association of Regional Cooperation (SAARC) grouping for the time period 2024 to 2027. Under the Framework for 2024-27, a separate INR Swap Window has been introduced with various concessions for swap support in Indian Rupee. The total corpus of the Rupee support is ₹250 billion (Rs 25,000 crore).
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