Question
IMPS-MMID is a ________ digit numeric
code.Solution
IMPS-MMID is a type of IMPS System (Immediate Payment Services). MMID stands for Mobile Money Identifier. MMID is a seven digit numeric code divided into two parts. 1 to 4 is provided by NPCI to Bank 5 to 7 provided by Bank to NPCI.
The Monetary Policy Committee (MPC) at its meeting in December 7, 202 decided to increase the Bank Rate to how much Basis point/percent?
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