2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Oman
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Haiti
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UAE
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America
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Detailed explanation-1: -The Reserve Bank of India (RBI) and the Central Bank of the United Arab Emirates (CBUAE ) signed a Memorandum of Understanding (MoU) on 15.03. 2023 in Abu Dhabi, to enhance cooperation and jointly enable innovation in financial products and services.
Detailed explanation-2: -IFSCA is a unified regulator responsible for development and regulation of financial products, financial services and financial institutions in IFSCs.
Detailed explanation-3: -Burma (Myanmar) seceded from the Indian Union in 1937 but the Reserve Bank continued to act as the Central Bank for Burma till Japanese Occupation of Burma and later upto April, 1947.
Detailed explanation-4: -1935: The Reserve Bank commenced operations as India’s central bank on April 1 as a private shareholders’ bank with a paid up capital of rupees five crores (rupees fifty million).