Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 410)

2024-07-07 National

410.

Which country has India expanded trade with through the Rupee-Kyat trade mechanism?

Nepal

Bhutan

Sri Lanka

Myanmar

Answer: Option

Explanation:

India has initiated the Rupee-Kyat trade mechanism with Myanmar to enhance bilateral trade. This arrangement, facilitated by Punjab National Bank's Yangon office, marks a significant step in using local currencies for trade transactions between the two nations, focusing on goods like pulses.