National Payments Corporation of India (NPCI) an umbrella organisation for operating retail payments and settlement systems in India under the provisions of the Payment and Settlement Systems Act, 2007 , for creating a robust Payment & Settlement Infrastructure in India. Founded in 2008 , the NPCI is a not-for-profit organisation registered under Section 8 of the Companies Act 2013 , established by the Reserve Bank of India and Indian Banks' Association. NPCI has rolled out a variety of innovative retail payment products viz., IMPS, RuPay card scheme, UPI, NACH, Aadhaar-enabled Payments System (AePS), Aadhaar Payments Bridge System (APBS), NETC, *99# (USSD based) and BBPS etc.
The GDP’s (at factor cost) and population sizes of two countries A and B were identical in a particular year. Which of the following statements is the...
In a time-series forecasting problem, if the seasonal indices for quarters 1, 2, and 3 are 0.80, 0.90, and 0.95 respectively. What can you say...
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...
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
As per the Economic Survey (2023-24), what was the improvement in India's Current Account Deficit (CAD) in FY24 compared to FY23?
In which of the following case , the production cost curves shifts upward?
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as...
When the share of output going to capital is 0.25, the share going to labor is 0.75, output increases 4%, labor increases 1%, and capital increases 2%, ...
In case of Cob web Model, Damped Oscillation is witnessed when
A wholly owned subsidiary of the Reserve Bank is responsible for the production of bank notes and manages 2 presses, one each in Mysore and Salboni res...
