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
- How much did the NSE raise through IPOs in 2024?
- Himachal Pradesh signed agreements for 19 hydropower projects with a combined capacity of:
- AU Small Finance Bank launched four new credit cards. Which card is specifically designed for first-time credit users?
- According to World Bank data, what is India’s Gini Index score in the latest (Aug 2025) ranking?
- Pramila Tai Medhe served as the head of the Rashtra Sevika Samiti from:
- The Pension Fund Regulatory and Development Authority (PFRDA) launched ‘StAR NPS platform’ developed by which company?
- The Life Insurance Corporation of India ( LIC ) purchased shares of Hindustan Unilever Limited at an average cost of __________ per share .
- Who became the first cricketer to be 'timed out' in an international match during the ODI World Cup match between Sri Lanka and Bangladesh?
- Who recently won the ‘Leon Masters Chess Championship’ for the 10th time?
- How many countries are expected to participate in IMC 2025?
Relevant for Exams:
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