Question
Which type of payment is the Reserve Bank of India (RBI)
not responsible for regulating directly?Solution
Explanation: The RBI does not directly regulate cross-border payments, which typically involve foreign exchange regulations under FEMA and are overseen in coordination with authorized dealers (banks) and global SWIFT mechanisms. Domestic payment systems like UPI, RTGS, and NEFT fall under RBI's direct oversight.
One of the features of a free market economy is
In India, who sets the Marginal Standing Facility (MSF) rate?
Which committee did the RBI establish to discuss Capital Account Convertibility?
What does the economic term 'Cross Demand' relate to?
Recently Mastercard has appointed who among the following as its Brand Ambassador/Ambassadors ?
Identify the true characteristics of a Capital Good.
A. It is a produced durable output of a man-made process.
B. It again a...
What is BIPA?
During periods of inflation, tax rates should
What does 'GVA' stand for in economic contexts?
Which of the following sector workers are known as ‘Blue Collar workers’?
