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  • Question
  • Recently, Reserve Bank of India and __________ have signed a Bilateral Swap Arrangement (BSA).


  • Options
  • A. Mizuho Bank
  • B. Bank of Japan
  • C. MUFG Ban
  • D. Japan Post Bank

  • Correct Answer
  • Bank of Japan 

    Explanation
    Reserve Bank of India and Bank of Japan have signed a Bilateral Swap Arrangement (BSA). The BSA was negotiated between India and Japan during the visit of Prime Minister Narendra Modi to Tokyo in October 2018. The BSA provides for India to access 75 billion US dollars whereas the earlier BSA had provided for 50 billion dollars. The BSA was approved by the Union Cabinet in January. India can access the agreed amount of 75 billion dollars for its domestic currency, for the purpose of maintaining an appropriate level of balance of payments or short-term liquidity.

  • More questions

    • 1. By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?

    • Options
    • A. 12.24%
    • B. 12.54%
    • C. 13.24%
    • D. 13.54%
    • Discuss
    • 2. EV charging stations to be established in which Indian city?

    • Options
    • A. Bengaluru
    • B. Kolkata
    • C. Chennai
    • D. Hyderabad
    • Discuss
    • 3. Union government launched the Blue Revolution programme at a total expenditure of what amount?

    • Options
    • A. Rs 48000 lakh
    • B. Rs 52000 lakh
    • C. Rs 55000 lakh
    • D. Rs 62000 lakh
    • Discuss
    • 4. Union Minister for Urban development and housing M. Venkaiah Naidu launched which of the following app with MSEFC portal?

    • Options
    • A. MyMSME
    • B. MKisan
    • C. MEAIndia
    • D. mKavach
    • Discuss
    • 5. Who has been appointed as the Member of the Commonwealth Secretariat Arbitral Tribunal of London?

    • Options
    • A. Anantkumar Surendraray Dave
    • B. K. G. Balakrishnan
    • C. K. S. Radhakrishna Panicker
    • D. S. J. Mukhopadhaya
    • Discuss
    • 6. The Union government has launched a new comprehensive scheme to boost the development of which sector?

    • Options
    • A. Handloom
    • B. Powerloom
    • C. Tourism
    • D. Education
    • Discuss
    • 7. Carme Chacon, who passed away recently, was the Defence Minister of which European country?

    • Options
    • A. France
    • B. Germany
    • C. Italy
    • D. Spain
    • Discuss
    • 8. Name the director who was the first African American and the youngest-ever film-maker nominated in Oscar Awards, passed away recently.

    • Options
    • A. Denise LaSalle
    • B. Frankie Muse Freeman
    • C. John Singleton
    • D. Edwin Hawkins
    • Discuss
    • 9. Name of the musician who won the special lifetime achievement award from the Music Academy?

    • Options
    • A. Lalgudi G Jayaraman
    • B. Kamala Lakshminarayanan
    • C. Hariprasad Chaurasia
    • D. Vikku Vinayakram
    • Discuss
    • 10. IMF Cuts India's GDP Growth Forecast is __________.

    • Options
    • A. 7.3%
    • B. 7.4%
    • C. 7.2%
    • D. 7.5%
    • Discuss


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