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Reported Question / Answer
Q.) The RBI signed a Bilateral Swap Arrangement with the Bank of Japan for
1)
Swapping of the local currencies to address short –term liquidity problems.
2)
Helping businessmen In India solve their long term financial problems
3)
Managing cases of money laundering and punishing the offenders.
4)
Handling illicit money of the businessmen functioning abroad but who belong to India
5)
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1
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