Start learning 50% faster. Sign in now
Unified Payment Interface (UPI) is a mobile-first payment system developed in India by the National Payments Corporation of India (NPCI). It makes it easy to send and receive by just scanning a QR code or using a user’s phone number. Right now, UPI is available in seven countries: Sri Lanka, Mauritius, France, UAE, Singapore, Bhutan and Nepal Bhutan, Nepal, Mauritius, Singapore, and UAE also allow use of RuPay credit/debit card to make payments in these countries. Furthermore, India launched UPI One World, which is a Prepaid payment instrument linked to UPI provided to foreign nationals/ NRIs (inbound travellers) coming from G20 countries. The PPI on UPI wallet can be used for merchant transactions across the country.
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
Which of the following Statements is/are True?
I- PCA is a framework under which banks with weak financial metrics are put under watch by the RBI...
……………………………………………. allows the RBI to absorb liquidity (deposit) from commercial banks without giving government secur...
The Reserve Bank of India, recently has proposed to hike UPI (Unified Payment Interface) transaction limit for investing in IPO to…
Which of the following banks continue to be identified by Reserve Bank of India as Domestic-Systemically important Banks
A rate at which RBI (Reserve Bank of India) lends to commercial banks by purchasing securities:
Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
The Basel III norms have prescribed a Leverage ratio of a) ___% while the Reserve Bank of India has prescribed a leverage ratio of b)___% for D-SIBs and...
The current expected risk-free rate is 4%, the equity premium is 3.9% and the beta is 0.8. calculate the return on equity.
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...