RBI have signed a 75 billion Bilateral Swap Arrangement BSA with which country rsquo s central Bank ........

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RBI have signed a $75 billion Bilateral Swap Arrangement (BSA) with which country’s central Bank?

South Korea

Japan

Israel

Indonesia

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Explanation:

The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA) for $75 billion that will help in bringinggreater stability in foreign exchange and capital markets in the country. The pact will enables both countries to swap their local currencies (i.e., either Japanese yen or Indian rupee) against US dollar for up to $75 billion.