Question
The Reserve Bank of India (RBI) recently joined forces
with the Bank for International Settlements (BIS) and central banks of four ASEAN countries to collaborate on a project aimed at enabling retail cross-border payments. What is the name of this project?Solution
Project Nexus aims to create a seamless cross-border payment system, enhancing financial inclusion and reducing transaction costs.
Current account transactions of a country include
The relationship between the unemployment rate and the gross national product is depicted by
For the regression line of y on x, 2x+7y+32=0, find the value of byx.
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
A firm practices third-degree price discrimination by charging different prices to two distinct consumer groups based on their willingness to pay. The f...
Guess an even integer between 1 and 100 that is closest to 1/2 of the mean of the guesses, what will be the equilibrium in that case?
C = 40+0.75Y
I = 140 – 10i , G=100, T=80, Money demand = 0.2Y – 5i , Money Supply = 85
Suppose the government increases the ex...
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....
When the slope of average cost is positive then which of the following holds
For an economy, the required per capita growth rate is 7% , the population growth rate is 3% . Calculate the saving rate for a capital output ratio of ...
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