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The RBI has roped in at least five banks to work with it on a pilot project for its digital currency -- the Digital Rupee for the retail market. these banks are State Bank of India, ICICI Bank, IDFC First Bank and HDFC Bank. The RBI is working on two fronts to test the central bank digital currency (CBDC): one for the wholesale market, and the other for retail (CBDC-R). The central banker is also weighing whether to build a new framework for its digital currency or make retail CBDC interoperable with the current digital payments system.
Which state recently joined the Ayushman Bharat PM-JAY scheme?
Sections 45 & 45A of the Indian Evidence Act have been combined in which section of the Bharatiya Sakshaya Adhiniyam, 2023?
Where was the Global Soil Conference 2024 held, and what was its primary focus?
What is the projected cargo capacity of the Vadhvan Port by 2029?
Who among the following participate in the Government Securities market?
How much subsidy is the Centre providing to IOC, BPCL, and HPCL to offset LPG losses?
What is the estimated cost of the Indo-Russian Vande Bharat sleeper train project, including manufacturing and maintenance?
Which organization has partnered with IIT Madras to develop the Indigenous RISC-V Controller for Space Applications (IRIS)?
Lasoong Festival is celebrated in which Indian state?
When was Unified Payments Interface (UPI) launched?