The RBI has authorized the Receivables Exchange of India (RXIL) to launch the country‘s first trade receivables exchange platform for MEMEs buyers and financiers. The RXIL is promoted by

Related MCQs

• has become the first state in India to launch RBI‘s e- payment system for commercial tax payers.
• which just received the Reserve Bank of India's license to launch a payments bank has inked a deal with ICICI group companies to distribute insurance products and tied up with Exide Life insurance to sell products via its distribution channel.
• The Reserve Bank of India has released the first Bi-monthly monetary policy of the new financial year (2017-18) on 06th April 2017. The RBI has however hiked its outlook for GDP growth to in this fiscal from 6.7% last year.
• Consider these Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat‘ in Devanagari script and ‗RBI‘ alternatively. Statement II – In Rs. 1000 note, the security contains the word ‗Bharat‘ in Devanagari ‗1000‘, and ‗RBI‖.
• Consider these statements:- Statement I – RBI decides volume and value of banknotes to be Statement II – RBI decides volume and value coins to be minted.
• Authorized Dealers for foreign exchange transactions are appointed by:
• CRISIL has been promoted by and           ?
• A leading bank in India has recently (July 2016) launched a social media, banking platform for its facebook and twitter users which goes by the name of `Mingle'. Name the Bank.
• Which of the following is the first commercial bank to launch mutual fund?
• Disha Microfin and , will merge expecting the combination to help them launch a stronger small finance bank.