Question
Recently RBI approved five banks to work with it on a
pilot project for its digital currency -- the Digital Rupee, which of the following is not in the list of RBI?Solution
The RBI has roped in at least five banks to work with it on a pilot project for its digital currency -- the Digital Rupee for the retail market. these banks are State Bank of India, ICICI Bank, IDFC First Bank and HDFC Bank. The RBI is working on two fronts to test the central bank digital currency (CBDC): one for the wholesale market, and the other for retail (CBDC-R). The central banker is also weighing whether to build a new framework for its digital currency or make retail CBDC interoperable with the current digital payments system.
Investment and savings are kept equal through changes in which of the following?Â
Which sector contributes the most to India's GDP?
What describes 'Disguised unemployment' accurately? Â
The annual rate of growth of GDP has been the lowest in which Five Year Plan?
Which of the following is not an investment expenditure in goods and services?
What is the minimum maturity period for which Commercial Paper (CP) can be issued?
What type of investment are Treasury Bills (T-bills)?
Which organization publishes the World Economic Outlook report.
The act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy back up to the long-term trend, fo...
During periods of inflation, tax rates shouldÂ
