Question
Which of the following statements is/are true regarding the pilot programme for wholesale digital rupee in the call money market initiated by RBI? I. Nine banks, including four public sector banks and five private sector banks, are participating in the e-rupee call money pilot. II. In the call money market, banks engage in short-term borrowing and lending activities among themselves, with interest rates determined by prevailing market conditions. III.The settlement will now be carried out using the CBDC instead of the real-time gross settlement used in trades on the Clearing Corp of India Limited (CCI
- L .
More Beepedia Questions
- Who is the chairperson of the National Statistical Office?
- What is the primary goal of the joint venture between Coal India Limited (CIL) and GAIL for setting up a Coal to Synthetic Natural Gas (SNG) plant?
- What percentage of India’s population was covered under social security in 2025 according to ILO recognition?
- Under the recently announced trade agreement, to what level were U.S. tariffs on Indian goods reduced?
- Consider the following statements: I. Prime Minister, Shri Narendra Modi inaugurated the headquarters of IN-SPACe at Bangalore. II. In IN-SPACe “P...
- Consider the following statement about Credit Guarantee Fund Trust for Micro and Small Enterprises: 1. Credit Guarantee Trust for Micro and Small Enterpri...
- What anniversary did the Border Roads Organization (BRO) recently commemorate?
- When was The Resistance Front (TRF) formed, as noted in India’s response to its US designation as an FTO?
- According to the Madhya Pradesh government’s proposal regarding the Bhavantar Yojana extension, approximately how many farmers in the state are expected to...
- The Aadhaar centre integration initiative aims to provide which of the following services through the app?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt