Recently, the Reserve Bank of India (RBI) proposed to introduce Card-on-File Tokenisation (CoFT).
This shall be unique for a combination of card, token requestor and the merchant (token requestor and merchant may or may not be the same entity).
Card-on-File transaction: It is transaction where in cardholders authorizes merchants to store their payment information securely and bill cardholders’ stored accounts for future purchases.
The GDP’s (at factor cost) and population sizes of two countries A and B were identical in a particular year. Which of the following statements is the...
In a time-series forecasting problem, if the seasonal indices for quarters 1, 2, and 3 are 0.80, 0.90, and 0.95 respectively. What can you say...
For a frequency distribution if Coefficient of variation is 5, standard deviation is 2 and Karl Pearson’s coefficient of skewness is 0.5, the value of...
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
As per the Economic Survey (2023-24), what was the improvement in India's Current Account Deficit (CAD) in FY24 compared to FY23?
In which of the following case , the production cost curves shifts upward?
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as...
When the share of output going to capital is 0.25, the share going to labor is 0.75, output increases 4%, labor increases 1%, and capital increases 2%, ...
In case of Cob web Model, Damped Oscillation is witnessed when
A wholly owned subsidiary of the Reserve Bank is responsible for the production of bank notes and manages 2 presses, one each in Mysore and Salboni res...