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RBI Act 1934, will be amended to enable it to issue the digital currency. Although Central Bank Digital Currency (CBDC) are conceptually no different from banknotes, introduction of CBDC would require an enabling legal framework since the current legal provisions are made keeping in mind currency in paper form. Under the Reserve Bank of India Act, 1934, the Bank is empowered to “…regulate the issue of bank notes and the keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage” (Preamble). The Reserve Bank derives the necessary statutory powers from various sections of the RBI Act – with respect to denomination (Section 24), form of banknotes (Section 25), status as legal tender (Sec 26(1)) etc
A microbial process in the nitrogen cycle that involves the reduction of nitrate (NO ₃⁻ ) and nitrite (NO ₂⁻ ) in soil or water to gaseous nitro...
Which of the following is biennial weed?
Ectocarpus, Dictyota,Laminaria, Sargassum are examples of _____
When plant is propagated by small tissue or part of a plant then that particular technique is termed as
Nitrogen content in anhydrous ammonia
Largest share of horticultural crops in the fiscal year 2021?
Irrigation is scheduled at IW /CPE ratio of 0.8 and the crop is irrigated to a depth of 5.0cm when the CPE is-
Which of the following act as a regulator of agricultural produce market?
What is the top portion of the turned furrow slice called?
Which soil pH range is considered optimal for the availability of phosphorus for plant growth?