2026 Current Affairs practice question for Railways, SSC, UPSC. Review the correct answer and explanation, then continue with related practice below.
Consider the following statements regarding the Foreign Exchange Management (Guarantees) Regulations, 2026: 1. They were issued by the Reserve Bank of India. 2. They focus on guarantees involving non-residents. 3. Authorised Dealer Category-I banks are required to comply with them. 4. Quarterly reporting for Trade Credit guarantees was discontinued from the quarter ending March 2026. Which of the statements given above are correct?
Correct Answerसही उत्तर
D. 1, 2, 3 and 4D. 1, 2, 3 और 4
Explanationव्याख्या
All four statements are correct.
RBI issued the Foreign Exchange Management (Guarantees) Regulations, 2026 for guarantees involving non-residents.
Authorised Dealer Category-I banks must comply with the framework.
The new regulations superseded earlier guarantee-related A.P. (DIR Series) circulars, and quarterly reporting of Trade Credit guarantees was discontinued beginning with the quarter ending March 2026.
सभी four statements सही हैं। RBI ने non-residents से जुड़े guarantees के लिए Foreign Exchange Management (Guarantees) Regulations, 2026 issue किए। Authorised Dealer Category-I banks को framework का compliance करना है। Earlier guarantee-related A.P. (DIR Series) circulars supersede किए गए और Trade Credit guarantees की quarterly reporting quarter ending March 2026 से discontinue की गई।
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