Current Affairs

GK MCQs Section

Rupee

Currency Swap Agreement Framework revised For SAARC

The Reserve Bank of India (RBI) has decided to further economic cooperations within the South Asian Association for Regional Cooperation (SAARC) member countries, the framework on currency swap...

November 28, 2019

Usha Thorat heads RBI task force on Offshore Rupee Markets

The RBI task force on Offshore Rupee Markets (ORM), headed by Usha Thorat, has suggested liberal currency market for offshore users. The panel recommended that onshore market hours...

August 9, 2019

RBI to issue new 20 Rupees denomination Banknotes

The Reserve Bank of India is all set to issue new ?20 denomination banknotes in the Mahatma Gandhi (New) Series. The new note bears the signature of Shri...

April 28, 2019

Ellora Caves motif of greenish-yellow Rs 20 denomination banknotes

The Reserve Bank of India (RBI) has recently announced that it will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi (New) Series. The new denomination has...

April 27, 2019

Rupee depreciates by 12 paise to 68.98 against US Dollar

The rupee is depreciated by 12 paise to 68.98 against the US dollar in early trade today on increased demand for the US currency from importers and rising...

March 28, 2019

Usha Thorat head of RBI task force on offshore rupee markets

The Reserve Bank of India (RBI) has recently constituted an 8-member task force headed by its former deputy governor Usha Thorat to examine issues related to offshore rupee...

March 4, 2019

Nepal bans all Indian currency notes above Rs 100

The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations in the country. The decision will adversely affect...

December 17, 2018

Rupee for first time hit historic low of Rs. 70 mark against US dollar

Indian rupee for first time in history plunged to record low of Rs. 70.07 against US dollar on 14 August 2018. However, it recovered later at around Rs....

August 15, 2018

RBI to issue new 100 Rupee notes with Rani Ki Vav

The Reserve Bank of India (RBI) will soon issue new Rs 100 denomination currency notes in the Mahatma Gandhi series. The base colour of the new denomination is...

July 24, 2018

Masala Bonds

Masala bonds are rupee denominated overseas bonds. Here are key notable points about Masala Bonds. Such bonds are Rupee denominated. When an Indian company issues Rupee denominated Bond,...

May 1, 2018

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