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Prime Minister Shri Narendra Modi and Prime Minister of Singapore, Mr. Lee Hsien Loong participated in the virtual launch of real time payment linkage between the Unified Payments Interface (UPI) of India and PayNow of Singapore. Shri Shaktikanta Das, Governor of Reserve Bank of India and Mr. Ravi Menon, Managing Director, Monetary Authority of Singapore made live cross-border transactions to each other using their respective mobile phones. Singapore is the first country with which cross border Person to Person (P2P) payment facility has been launched. This will help the Indian diaspora in Singapore, especially migrant workers/students and bring the benefits of digitalisation and FINTECH to the common man through instantaneous and low-cost transfer of money from Singapore to India and vice-versa. Acceptance of UPI payments through QR codes is already available in selected merchant outlets in Singapore.
According to the Economic Survey 2023-24, what measures helped reduce core inflation in India to a four-year low in FY24?
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
GDP at market price is given by?
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3 <= 3
x1 + 2x2 + x...
A country imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppose that u...
Which of the following is not correct regarding adjusted R2?
...For the following demand curve, Q=10P-2 , calculate the profit made by the monopolist when Marginal cost is Rs.2
Consider the following production function
Q = 20L – 0.2L2 – 20K + 0.2 K2 + 4KL
If 20 units of capital i...