With reference to cope up with economic fallout due to Covid 19 consider about following measures ta...........

Economic Affairs Money Supply and Monetary Policy

Download Solution PDF

With reference to cope up with economic fallout due to Covid-19, consider about following measures taken by RBI

It has raised the Ways and Means Advances limit by 30% for all states and union territories.
At present the value of the goods or software exports made by the exporters is required to be realized fully and repatriated to the country within a period of 9 months from the date of exports.
It extends the time period for realization and repatriation of export proceeds made up to or on July 31, 2020,from the date of export.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

छोटे Courses बड़े Results

Master Money Supply and Monetary Policy

Prepare through Micro-courses

Try Now

Explanation:

The Reserve Bank of India (RBI) has raised the Ways and Means Advances, or WMA, limit by 30% for all states and union territories to enable them to tide over the crisis caused by the coronavirus (covid-19) outbreak.It has extended the time period for realisation and repatriation of proceeds for exports made up to or on 31 July to 15 months from the date of export. Presently value of the goods or software exports made by the exporters is required to be realized fully and repatriated to the country within a period of 9 months from the date of exports.

Report error

Submit Error