Question
Which of the following regulatory body has announced the
creation of a Rs. 500-crore Payments Infrastructure Development Fund (PIDF)?Solution
Reserve Bank of India (RBI) has announced the creation of a Rs. 500-crore Payments Infrastructure Development Fund (PIDF). The Payments Infrastructure Development Fund (PIDF) scheme had deployed more than 4.11 lakh PoS, mobile PoS, and other physical devices across the country as of April 30, 2022, according to the RBI. The scheme also had deployed 1,14,05,116 digital devices, including interoperable QR code-based payments such as UPI QR and Bharat QR.
In the Balance of Payments (BoP) accounting, a surplus in the Current Account must be matched by:
The substitution effect for a commodity is
What is the supply curve of a firm in Perfect Competition?
At the September 2025 meeting of the RBI’s Monetary Policy Committee, which of the following statements best describes the expected decision on the po...
Which of the following statements about a firm's average cost curves is false?
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
Which of the following statements is not true regarding BIS?
The inverse demand function for a commodity is P = 50-2Q-Q2 . Calculate the consumer surplus when quantity demanded is 5 unts.
The Phillips curve shows the trade-off between ----- and -----?
