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The budget proposal mentions that the digital rupee will be introduced by the Reserve Bank of India (RBI) in FY 2022-23. A central bank digital currency (CBDC) is a digital currency that would be issued and overseen by a country’s central bank. Digital Rupee can have many uses, such as in programmable payments for subsidies and by financial institutions for quicker lending and payments.
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...