Current Affairs · Banking and Finance
To reinforce integrity and transparency in foreign exchange operations, RBI renewed its Statement of Commitment (SoC) to a globally accepted voluntary code of conduct. With reference to the FX Global Code, consider the following statements: 1. The FX Global Code is a set of globally recognized principles for ethical conduct in the wholesale FX market. 2. It is administered by the Global Foreign Exchange Committee (GFXC), established in 2017. 3. By renewing its SoC, RBI reaffirmed that it acts as a market participant and aligns its FX operations with the Code's principles. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3✓
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only
Correct answer
1, 2 and 3
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