Which of the following statements is/are true regarding the pilot programme for wholesale digital rupee in the call money market initiated by RBI?
I. Nine banks, including four public sector banks and five private sector banks, are participating in the e-rupee call money pilot.
II. In the call money market, banks engage in short-term borrowing and lending activities among themselves, with interest rates determined by prevailing market conditions.
III.The settlement will now be carried out using the CBDC instead of the real-time gross settlement used in trades on the Clearing Corp of India Limited (CCIL).
The Reserve Bank of India (RBI) has initiated a pilot program for the wholesale segment of its central bank digital currency (CBDC) in the interbank call money market Nine banks, including four public sector banks and five private sector banks, are participating in the e-rupee call money pilot. In the call money market, banks engage in short-term borrowing and lending activities among themselves, with interest rates determined by prevailing market conditions. The operational process for the e-rupee pilot remains the same, except for the settlement, which will now be carried out using the CBDC instead of the real-time gross settlement used in trades on the Clearing Corp of India Limited (CCIL). The settlements will be in T+0 mode, indicating that trades will be settled on the same day.
Which of the following is the code of ‘action’?
In a certain code language, ‘PLATTER’ is coded as ‘7312259’ and ‘MARINE’ is coded as ‘419955’. How will HERITAGE’ be coded in that lan...
In a certain language, the word WHERE is written as 24 – 9 – 7 – 19 – 7. How will you write GROSS in the same language?
What is the code for ‘Happy’?
If ‘DOG’ = 78, then ‘BARK’ = (?)
In a certain coded language 'DRUM' is coded as 'AOVI' and 'VARY' is coded as 'UBOU', then what is the code of ' AUTO '?
Which of the following may be the code for ‘other the happy’?
What does the code “5%J 9*N 8#C” stands for?
In a certain code language ‘TRAIN’ is written as ‘SUAOJ’ and ‘SPAIN’ is written as ‘QTAOJ’. How is ‘GRAIN’ written in that code?
In a certain code language, ‘NET’ is written as '78' and 'ERA' is written as '48'. How will 'KIT' be written in that language?