2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Usha Thorat
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N S Vishwanathan
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Mahesh Kumar Jain
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Viral Acharya
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Detailed explanation-1: -Accordingly, RBI has constituted the Task Force on Offshore Rupee Markets. The Task Force will have the following composition: Smt. Usha Thorat, former Deputy Governor, Reserve Bank of India - Chairperson.
Detailed explanation-2: -When currencies are sold within the local market, it is called an onshore market. The onshore market is regulated and monitored by market regulators like RBI and SEBI. But when foreign currencies are exchanged in the overseas market, it’s called offshore market.
Detailed explanation-3: -Mr. Tom Donald is the assign Foreign Agent (foreigner) to monitor your transfer upon the crediting of your account.
Detailed explanation-4: -The report of the Task Force has been published on the RBI website today.