MoU signed between RBI and Nepal Rastra Bank

The agreement between the RBI and the Nepal National Bank

Ques: September 14, 2015 RBI signs MoU on Supervisory Cooperation and Exchange of Supervisory Information with which of the following bank?

a. Nepal Rastra Bank
b. Bank of Bangladesh
c. China National Bank
d. Central Bank of Sri Lanka

Ans: a

Related facts:

  • September 14, 2015 RBI signs MoU on Supervisory Cooperation and Exchange of Supervisory Information with Nepal Rastra Bank.
  • The Reserve Bank has so far entered into Memorandum of Understanding with supervisors of 27 countries.
  • Also a Letter for Supervisory Co-operation and Statement of Co-operation with supervisors of one country each to promote greater co-operation and share supervisory information.

Reference:

https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=34982