Question
When did the retail e-rupee pilot project officially
begin in India?Solution
The retail e-rupee pilot was launched on December 1, 2022. This launch marked the official entry of India into retail digital currency experimentation using CBDC for day-to-day retail payments.
Which of the following is not correct?
According to recent Economic Survey data, which country stood as India's largest trading partner in terms of total merchandise trade value?
Suppose the reserve ratio is 0.10, Currency in Circulation is Rs.200, Deposits are Rs.800 and Excess Reserves Rs.100 , then calculate the money multi...
1) Calculate the standard error of the estimate of Y on X regression equation for the following data
N =50 , ∑y^2 = 150 , ∑xy = 180, &sum...
The Balassa-Samuelson effect provides a structural explanation for PPP deviations. It predicts that:
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.
For a frequency distribution if Coefficient of variation is 5, standard deviation is 2 and Karl Pearson’s coefficient of skewness is 0.5, the value of...
The government provides public goods because
If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.1, and the government increases expenditures by Rs. 10 billion, ign...
How much did the Reserve Bank of India approve to transfer as a dividend to the Government of India for FY25?
