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The Reserve Bank of India (RBI) has initiated a pilot program for the wholesale segment of its central bank digital currency (CBDC) in the interbank call money market Nine banks, including four public sector banks and five private sector banks, are participating in the e-rupee call money pilot. In the call money market, banks engage in short-term borrowing and lending activities among themselves, with interest rates determined by prevailing market conditions. The operational process for the e-rupee pilot remains the same, except for the settlement, which will now be carried out using the CBDC instead of the real-time gross settlement used in trades on the Clearing Corp of India Limited (CCIL). The settlements will be in T+0 mode, indicating that trades will be settled on the same day.
Get out from here IMMEDIATELY . (Phrasal verbs)
Directions: Sentences are given below with phrasal verbs highlighted in bold that may be grammatically or contextually wrong. Find the correct answer ...
In the following question a sentence or a phrase is given which can be substituted by one word. Choose the most appropriate word explaining the sentence...
In the following question a sentence or a phrase is given which can be substituted by one word. Choose the most appropriate word explaining the sentenc...
Directions: Sentences are given below with phrasal verbs highlighted in bold that may be grammatically or contextually wrong. Find the correct answer f...
Choose the correct word that can replace the given phrase.
a person who is fanatical about cleanliness and tidiness
Look up
A. She used a dictionary to look up to the definition of the challenging word.
B. The history enthusiast loves to look up fac...
Blow Off
A. She felt it was disrespectful when he blew off her invitation to the important event.
B. She regretted blowing off the op...
Directions : Identify the words that are similar in meaning to the phrase in bold. If none of options conveys the correct meaning, mark (E) as your a...
Find the correct meaning of highlighted word/phrase.
My friend conceals nothing from me.