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.
Which sequence correctly orders these Indian Prime Ministers chronologically?
What did Clement Attlee's announcement in the British Parliament proclaim?
Which of the following statements in the context of the National Commission for Backward Classes (NCBC) is not correct?
What is the term length of a member of the Lok Sabha.
The PESA Act of 1996 primarily empowers which local governmental body in Scheduled Areas?
What is the maximum duration the Rajya Sabha can delay the Finance Bill, proposed by the Lok Sabha?
What is the minimum age required to contest for a position in a Gram Panchayat in India?
Consider the following statements about the Law Commission of India:
(I) The Law Commission of India is a constitutional body.
(II) The Fi...
The concept of "Basic Structure" of the Indian Constitution was introduced in which case.
The Supreme Court of India comprises the Chief Justice and how many other Judges?
