UPSC | Prelims GS | 2026

The RBI’s special foreign-exchange window announced in the report is intended primarily to help which entities meet daily dollar requirements?

  1. Three public-sector oil marketing companies
  2. All private-sector exporters
  3. State governments purchasing food grains
  4. Foreign portfolio investors exiting Indian markets

Answer

Correct Answer

Three public-sector oil marketing companies

Explanation

A is correct: IOCL, HPCL and BPCL can procure dollars directly from the RBI through designated banks, reducing spot-market pressure. B is wrong because the facility is not an all-exporter window. C is unrelated to the stated mechanism. D is wrong because the measure serves essential importers rather than investors seeking exit dollars.

Topics: economy, foreign exchange market, monetary policy, rbi window for oil marketing companies