Current Affairs · Banking & Forex Policy
With reference to the FX Global Code and the Reserve Bank of India's (RBI) association with it, consider the following statements: 1. The FX Global Code is a voluntary set of principles developed to promote integrity and effective functioning in wholesale foreign exchange markets. 2. It was established under the aegis of the Global Foreign Exchange Committee (GFXC) alongside major central banks. 3. By renewing its Statement of Commitment, the RBI affirms its adherence to the principles of the Code when acting as a market participant in FX operations. 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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