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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.
Statement:
Only a few Guava are Mango.
All Mango are Avocado.
Conclusion:
I. Some Guava are Avocado...
Statements:
Only a few Cloud are Rain.
Some Rain are Rainbow.
Only Rainbow are Sky .
No rain is a Universe.
Conclusio...
Statements:Some pastries are cakes.
No cake is a pudding.
All puddings are sweets.
Conclusions:I. Some sweets are not cakes.
Statement:
Only a few A are C
All A are B
Conclusion:
I. Some C are not B...
Statement:
Some pens are pencils
Only a few pencils are tables
All tables are notebooks
Conclusion:
I. All pens can b...
Statements-
1. All phones are wires.
2. All switches are wires.
3. Some wires are poles.
4. Some poles are not phones.
<...In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Statements:
Only subjects is notes.
Some subjects are topic.
Some topic are papers.
No topic is index.
Conclusions
Statements:
Only a few clouds are floors.
All floors are roof.
Some roof are drops.
Only a few drops are procedures.
...
Statements:
All Maggie are Pasta
All Pasta are Ketchup
All Ketchup are Sauce
Conclusions:
I) Some Maggie are K...