CBDCs are a digital form of a paper currency and unlike cryptocurrencies that operate in a regulatory vacuum, these are legal tenders issued and backed by a central bank. •It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency. •A fiat currency is a national currency that is not pegged to the price of a commodity such as gold or silver. •Bahamas has been the first economy to launch its nationwide CBDC — Sand Dollar in 2020. •Nigeria is another country to have rolled out e-Naira in 2020. •China became the world's first major economy to pilot a digital currency e-CNY in April 2020.
Which of the following are limitations of ratio analysis?
A. Ratio analysis may result in false results if variations in price levels a...
In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by :
In a corporate setting, what does the term "conflict of interest" refer to?
The size of the order for which both ordering and carrying cost are at minimum is known as:
The settlement of which of the following instruments is facilitated by Clearing Corporation of India Limited (CCIL)?
_________ is a public sector bank which became the first to cross ₹8 trillion market capitalization.
One of the important goals of the economic liberalization policy is to achieve high convertibility of the Indian rupee. Which of the following is not a ...
At the end of last year, Max Ltd’s assets and liabilities are:
Total assets = 85500
Accrued liabilities = 6500
Bonds payable =...
Budgets serve various purposes and take different forms depending on their scope and focus. The budget which usually takes the form of budgeted profit a...
A company fails to accrue wages for March that will be paid in April. The company’s year-end balance sheet liabilities:
