Current Affairs

GK MCQs Section
Q. ‘Next generation treasury application (NGTA)’, that was seen in the news recently, is to be deployed by which organisation?
Answer: RBI
Notes: The Reserve Bank has decided to move to the Next Generation Treasury Application (NGTA) for managing the country's foreign exchange and gold reserves.
NGTA is a web-based application, which would provide flexibility to introduce new products and securities. It can also support multi-currency transactions, settlements and various transactions in asset classes like Fixed Income, Forex, Money Market and Gold.
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