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The Reserve Bank of India and the United Arab Emirates have signed a memorandum of understanding (MoU) to explore interoperability between their respective central bank digital currencies, among other things. Further, CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of bilateral CBDC bridge to facilitate cross-border CBDC transactions of remittances and trade. This bilateral engagement of testing cross-border use cases of CBDCs is expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India and UAE. The MoU also provides for technical collaboration and knowledge sharing on matters related to Fintech and financial products and services.
The World Economic Freedom Index report is published by which organization?
Which of the following errors would not be detected by a trial balance?
Which of the following statements are correct regarding employees state insurance act 1948?
I. The Employees...
Which of the following statements is/are correct?
(1) Abolition of untouchability is given in Article 17 of the Indian Constitution.
(2) E...
Consider the following statements with respect to the Union Council of Ministers
1. Every Minister is entitled to vote and speak in proceeding...
Which of the following is the largest unit of storage capacity in a computer?
Which of the following statements are correct in regards to Vijaynagar Empire?
1. Founded in 1336 by Harihara and Bukka
2. ...
Which regions in India did not witness accompanying rebellions during the Revolt of 1857?
“National Food Security Mission” was launched in
On the basis of Tendulkar methodology, the poverty rate of India for the year 2011-12?
