RBI’s Interventions in the Payment System Context: The Reserve Bank of India (RBI) recently issued a circular that detailed ‘additional arrangement’ for invoicing, payment, and settlement of exports and imports in Indian rupees. How it works? Under this system, Indian importers could pay bills for […]
Population Prospects Context: The World Population Prospects 2022, a projection of anticipated trends in world population, was released by the UN Department of Economic and Social Affairs, Population Division, on July 11, World Population Day. According to the estimate, the world’s population, which was about […]
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