INDIA RUSSIA PAYMENT MECHANISM Flashcards
1
Q
RUSSIA AND INDIA …….FOR PAYMENT
A
RUPPEE - ROUBLE ARRANGEMENT
2
Q
ROUBLE RUPPEE MECHANISM FIRST CONCEIVED IN
A
1953
INDO SOVIET TRADE AGREEMENT
3
Q
……ACCOUNT WILL GET OPEN IN BOTH COUNTRY
A
VOSTRO ACCOUNT
4
Q
FULL FORM OF SWIFT
A
SOCIETY FOR WOLDWIDE INTERBANK FIANCIAL TELECOMMUNICATION
5
Q
SWIFT IS CONTROLLED BY
A
G10 BANKS , EUROPEAN CENTRAL BANK AND NATIONAL BANK OF BELGIUM
6
Q
PRIOR TO SWIFT OTHER WAY WAS
A
TELEX
7
Q
TWO COUNTRY OUT OF SWIFT PLATFORM
A
IRAN AND NORTH KOREA
8
Q
FOREIGN EXCHANGE MANAGEMENT ACT
A
1999
9
Q
FOREIGN EXCHANGE MANAGEMNT REGULATION
A
2016
10
Q
UPI COLLABORATED WITH ………OF SINGAPORE
A
PAYNOW
BOTH P2P AND P2M
