Department of External Investments and Operations Flashcards
1
Q
The basic parameters of the Reserve Bank’s policies for foreign exchange reserves management are………….
A
safety, liquidity and returns (in this order only)
2
Q
In the RBI, the work related to the foreign exchange reserves management is handled by
A
the Department of External Investments and Operations (DEIO)
3
Q
The legal provisions governing management of foreign exchange reserves are laid down in the …………………. Act
A
RBI Act, 1934