Question
Which fintech company has become the first to integrate
RBIās digital currency (CBDC) in its platform?Solution
CRED has become the first fintech company to integrate RBIās central bank digital currency (CBDC) into its platform, launching a beta version of its eā¹ wallet. This initiative, supported by YES Bank as the first sponsor bank, marks a major milestone in India's digital currency adoption.
Time Reversal Test is satisfied by
The velocity of money is
Let X and Y be two related variables. The two regression lines are given by x-y+1=0 and 2x-y+4=0. The two regression lines pass through the point:
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence
The Harrod-Domar Growth Model emphasizes the importance of saving and capital accumulation for economic growth. The model concludes that the rate of out...
From an economic efficiency perspective, what is the socially optimal level of pollution? State the fundamental condition (in terms of marginal cost and...
The Benefit Principle of taxation is most closely associated with the financing of which of the following goods?
Let the correlation coefficient between X and Y be 0.6. Random variables Z and W are defined as Z=X+5 and W=Y/3. What is the correlation coefficient bet...
A neutral technological change __________
If the economy is operating at point C, the opportunity cost of producing an additional 20 units of bacon is