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  • Question
  • How much billionis accepted by Reserve Bank of India(RBI) from banks at its currency swap auction to ease liquidity?


  • Options
  • A. $2 billion
  • B. $4 billion
  • C. $5 billion
  • D. $7 billion

  • Correct Answer
  • $5 billion 

    Explanation
    Reserve Bank of India received a huge response for introducing a $5-billion swap facility for the banks to facilitate permanent liquidity support.To ease the liquidity crunch, Reserve Bank of India will buy dollars from banks for three years and offer them rupees in return, which will bulk up the central bank's foreign-exchange reserves while injecting cash into the banking system.Banks offered $16.31 billion at the auction against the notified amount of $5 billion for the rupee-dollar swaps and out of this $16.31 billion received via 240 offers by market participants, the RBI accepted $5.02 billion via 89 offers.

  • More questions

    • 1. Who among the following clinched the Barcelona Open Banc Sabadell 2019 title?

    • Options
    • A. Yoshihito Nishioka
    • B. Daniil Medvedev
    • C. Dominic Thiem
    • D. Mackenzie McDonald
    • Discuss
    • 2. What is the position of India in the FIFA rankings which is released on 4 April 2019?

    • Options
    • A. 85
    • B. 101
    • C. 92
    • D. 72
    • Discuss
    • 3. How many space missions has been planned by ISRO to launch in 2019?

    • Options
    • A. 28
    • B. 32
    • C. 38
    • D. 43
    • Discuss
    • 4. Who has collaborated with MobiKwik to launch a smart digital insurance product to enhance financial inclusion?

    • Options
    • A. Tata AIA
    • B. Max Life Insurance
    • C. Aegon Life Insurance Company
    • D. ICICI Prudential
    • Discuss
    • 5. Who will organise WCO Asia Pacific region meeting in Kerala?

    • Options
    • A. CBIC
    • B. Income Tax Department
    • C. CESTAT
    • D. IRDA
    • Discuss
    • 6. Name the telescope, which is used by astronomers to capture the first image of Black Hole?

    • Options
    • A. Event Horizon Telescope
    • B. Fermi Gamma-ray Space Telescope
    • C. Hard X-ray Modulation Telescope
    • D. Lunar-based ultraviolet telescope
    • Discuss
    • 7. ISRO opens its 1st visitors gallery to watch rocket launches at Andhra Pradesh's Sriharikota. It's capacity is;

    • Options
    • A. 4,500
    • B. 5,000
    • C. 3,000
    • D. 2,500
    • Discuss
    • 8. Name the Indian film which is shortlisted for Oscar in the Documentary Short Subject category.

    • Options
    • A. Manmarziyaan
    • B. Raazi
    • C. Period. End Of Sentence
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    • Discuss
    • 9. The Department of Biotechnology (DBT) working under ministry of science and technology has launched human tissue mapping project recently. It was named as;

    • Options
    • A. UDAV
    • B. ANOM
    • C. MANAV
    • D. RISHI
    • Discuss
    • 10. Global research agency Fitch has raised India's growth forecast from 7.4 per cent to __________.

    • Options
    • A. 7.6%
    • B. 7.7%
    • C. 7.8%
    • D. 7.9%
    • Discuss


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