Current Affairs · Banking and Financial News
To stabilize the rupee from reaching all-time lows and to target excess dollars held by banks due to arbitrage activities, the Reserve Bank of India scheduled a $5 Billion Dollar-Rupee buy-sell forex swap intervention. Which one of the following combinations correctly reflects the expected liquidity injection amount, the tenor of the swap, and the specific auction format utilized for this intervention, respectively?
- 1₹1.51 lakh crore, 6-month, uniform-price✓
- 2₹1.51 lakh crore, 3-month, uniform-price
- 3₹2.39 lakh crore, 14-day, variable-rate
- 4₹3.00 lakh crore, 3-month, uniform-price
Correct answer
₹1.51 lakh crore, 6-month, uniform-price
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Banking and Financial News?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking and Financial News