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Current Affairs - 2019
For which country, Reserve Bank of India (RBI) has agreed to provide $400 million under swap deal?
A)
Swedan
B)
Sri Lanka
C)
Myanmar
D)
Bangladesh

Correct Answer :   Sri Lanka


Reserve Bank of India (RBI) has agreed to provide $400 million to the Central Bank of Sri Lanka (CBSL) under the SAARC swap facility, to boost the island nation's reserves. CBSL has requested a further bilateral swap arrangement of $1 billion from RBI which is "under consideration".

Published On : July 10, 2021
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