The Reserve Bank of India (RBI) has initiated a pilot program for the wholesale segment of its central bank digital currency (CBDC) in the interbank call money market.The settlements will be in ______ mode.
The Reserve Bank of India (RBI) has initiated a pilot program for the wholesale segment of its central bank digital currency (CBDC) in the interbank call money market Nine banks, including four public sector banks and five private sector banks, are participating in the e-rupee call money pilot. In the call money market, banks engage in short-term borrowing and lending activities among themselves, with interest rates determined by prevailing market conditions. The operational process for the e-rupee pilot remains the same, except for the settlement, which 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 (CCIL). The settlements will be in T+0 mode, indicating that trades will be settled on the same day.
13. Stringent
...A Government by the Rich
Choose the correct synonym of the word highlighted in each sentence from the alternatives given below it.
There was a look ecstasy on his face....
Select the INCORRECTLY spelt word.
Select the most appropriate synonym of the given word.
Surreptitious
14. Malevolent
...Select the correct conclusion based on the meaning of the bold word:
Statement: After his father's death, he became a prodigal of his fortune.<...
Choose the word correct synonym:
Antecedent
Lave
Which of the given options is incorrect with respect to the given pair:
Oligarchy : Monarchy