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.
Swachh Bharat Mission-Urban 2.0, recently seen in the news, aims to clear legacy landfills by which year?
The Foreign Exchange Management Act was enacted in ___________________.
What instrument is used to measure air pressure?
On whose birth anniversary is National Doctor’s Day observed in India on July 1st?
Profitability Index (PI) overcomes the shortcoming of NPV in which the absolute amount is considered.
The government of India has granted Mithila Makhana to get the GI tag, it is a speciality of which state?
The Mahi Bajaj Sagar Dam is located in which state ?
The Garo Hills are located in which Indian state?
The Bobbili Veena, associated with which Indian state?
Which country is NOT a member of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)?
