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The Reserve Bank of India and the United Arab Emirates have signed a memorandum of understanding (MoU) to explore interoperability between their respective central bank digital currencies, among other things. Further, CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of bilateral CBDC bridge to facilitate cross-border CBDC transactions of remittances and trade. This bilateral engagement of testing cross-border use cases of CBDCs is expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India and UAE. The MoU also provides for technical collaboration and knowledge sharing on matters related to Fintech and financial products and services.
In the Ramayana, which event is commemorated during Vijayadashmi?
Who has been appointed as India's next Ambassador/Permanent Representative to the United Nations and other International Organisations in Geneva?
Gujarat’s iconic handicraft ‘Gharchola’ has recently received which GI tag number for the state?
With reference to Maldives, Consider the statements about:
1. Maldives recently suspended three ministers after they shared offensive remarks on ...
Who bestowed upon Sridev Suman the title 'Abhimanyu of Garhwal'?
Indira Sagar dam is a multipurpose project of ____________state government.
What does the letter 'S' stand for in "ASEEM," portal, which acts as a directory of skilled workforce?
Which country recently became the 97th member of the International Solar Alliance (ISA)?
Who administers the oath for the office of the Vice-President of India?
Which dynasty is considered to have started the Syalde Bikhoti Fair in Almora?
