Bangla-SriLanka Currency Swap agreement

Bangla-SriLanka Currency Swap agreement

Bangla-SriLanka Currency Swap agreement
Bangla-SriLanka Currency Swap agreement


#GS2-IR

Bangla-SriLanka Currency Swap agreement


✅Currency swap:

🔸It is effectively a loan that Bangladesh will give to Sri Lanka in dollars, with an agreement that the debt will be repaid with interest in Sri Lankan rupees.

🔸This is cheaper than borrowing from the market. The period of the currency swap will be specified in the agreement.


✅SAARC currency swap facility:

🔸It came into operation in Nov 2012.

🔸Aim : providing to smaller countries in the region “a backstop line of funding for short-term foreign exchange liquidity requirements or balance of payment crisis till longer term arrangements are made”.


Read more......

30 may 2021 current affairs in hindi


Comments

Post a Comment

Popular posts from this blog

2 June 2021 Current Affairs in Hindi and English

Image
2 June 2021 Current Affairs in Hindi and English  2 June 2021 Current Affairs in Hindi and English   🔻 02 June 2021 Current Affairs in English Q.1. Which ship has been included in the 'Indian Coast Guard'? Ans. Vigilant Q.2. Which scheme has been started by the Uttar Pradesh government to take care of the children orphaned due to Covid-19? Ans. child service scheme Q.3. Which bank has launched Merchant Stake for the retail traders of the country? Ans. ICICI Bank 4. Which state government has launched the UDAN scheme on International Menstrual Hygiene Day? Ans. Punjab Government 5. RBI has imposed a tax penalty of Rs 10 crore on the bank for lack of regulatory compliance? Ans. HDFC bank Q.6. Scientists have developed an efficient artificial synaptic network that mimics which part of a human? Ans. Brain Q.7. Which IIT institute has developed India's first indigenous temperature recording device "Ambitag"? Ans. IIT Ropar Q.8. Which state government has appointed Chi...
Read more

Tribal And Folk Dances In India

Image
Tribal And Folk Dances In India India is a land of diverse cultures and traditions. Basically, Indian folk and tribal dances are simple and are performed to express joy during arrival of seasons, birth of a child, wedding and festivals. Folk art is the common possession of a group of people or a particular locality. The identity of the originators is forgotten, but the style is preserved down the ages. On most occasions dancers sing themselves, accompanied by artists with instruments. Each form of Folk Dance has a specific costume & rhythm and some costumes are very colourful with extensive jewels and designs. Here is the List of various State and folk dances which help in various examinations like UPSC, State PSC, SSC, Bank Exams etc. Ⓜ️Tribal And Folk Dances In IndiaⓂ️ 🔸Maharashtra➖Kathakeertan, Lezin, Dandaniya, Tamasha, Gafa, Dahikala, Lavani, Mauni, Dasavtar. 🔸Karnataka➖Huttari, Suggi Kunitha, Yakashagana 🔸Kerala➖Kaikottikali, Kaliyattam, Tappatikkali. 🔸Tamil Nadu➖Kolattam...
Read more