Q.3 What is SWIFT for electronic fund transfer? What would the impact on India be after Russia’s removal from the system? (10Marks)

Mentor’s comment- https://www.financialexpress.com/opinion/de-swifting-russia-india-may-be-less-impacted-as-it-isnt-a-major-trading-partner/2449189/ In the intro, mention the sanctions against Russia. In the body, explain the functioning of the SWIFT … Continue reading Q.3 What is SWIFT for electronic fund transfer? What would the impact on India be after Russia’s removal from the system? (10Marks)