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.
What is the nature of contract as laid down under the provisions of section 29 of the Indian Contract Act?
'A' is on trial for the murder of 'C'. There is evidence to show that 'C' was murdered by 'A' and 'B', and that 'B' said - 'A' and I murdered C. As agai...
As per the Motor Vehicles Act where can a person apply for a driving licence if they are not currently disqualified?
A is accused of a crime_________.
The fact that, soon after the commission of the crime, A absconded from his house, is relevant under Section
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Section 82 of IPC provides that nothing is an offence which is done by a child under:
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If any default is made in transferring the total amount or any part to the Unpaid Dividend Account of the company, it shall pay, from the date of such d...
Rule against perpetuity is applicable to:
Confession in front of police officer when valid?
