rbi has recently signed an mou with which bank to promote the use of l | Examsbook

139

Q:
RBI has recently signed an MoU with which bank to promote the use of local currencies.

1
Swiss Bank
2
Bank Indonesia
3
U.S. Bank
4
Russian Bank

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Answer : 2. "Bank Indonesia"
Explanation :
The Reserve Bank of India (RBI) and Bank Indonesia (BI) signed an MoU in Mumbai to promote cross-border transactions using the Indian Rupee (INR) and Indonesian Rupiah (IDR). RBI Governor Shaktikanta Das and BI Governor Perry Warjiyo established a framework to promote the use of local currencies, aimed at enhancing trade, deepening financial integration and strengthening economic ties between India and Indonesia.

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