RBI will conduct a US dollar /Indian rupee buy/sell swap auction of $________ billion for a tenor of 3 years in March 2019 to inject rupee liquidity for longer duration.
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Option A is correct Answer.
Explanation :
RBI will conduct a US dollar /Indian rupee buy/sell swap auction of $ 2 billion for a tenor of 3 years in March 2019 to inject rupee liquidity for longer duration.
☛ RBI has Rupees sign on their Currency .
☛ RBI Stands for Reserve Bank of INDIA.
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