Q143. With reference to Central Bank digital currencies, consider the following statements: 1. It is possible to make payments in a digital currency without using the US dollar or SWIFT system. 2. A digital currency can be distributed with a condition programmed into it such as a time- frame for spending it. Which of the statements given above is/are correct?

Consider the following statements in respect of the digital rupee: 1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its

With reference to digital payments, consider the following statements: 1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.

With reference to ‘Bitcoins’, sometimes seen in the news, which of the following statements is/are correct? 1. Bitcoins are tracked by the Central Banks of the

Regarding ‘DigiLocker’, sometimes seen in the news, which of the following statements is/are correct? 1. It is a digital locker system offered by the Government

With reference to “Blockchain Technology” consider the following statements: 1. It is a public ledger that everyone can inspect but which no single user control

Consider the following statements about G-20: 1. The G-20 group was originally established as a platform for the Finance Ministers and Central Bank Governors to

Consider the following statements: Statement-I: In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes. Statement-II

Consider the following statements: 1. National Payments Corporation of India (NPCI) helps in promoting the financial inclusion in the country. 2. NPCI has launc

With reference to Web 3.0, consider the following statements: 1. Web 3.0 technology enables people to control their own data. 2. In Web 3.0 world, there can be

Consider the following statements: 1. Most of India’s external debt is owed by governmental entities. 2. All of India’s external debt is denominated in US dolla

With reference to the “G20 Common Framework”, consider the following statements : 1. It is an initiative endorsed by the G20 together with the Paris Club. 2. It

Consider the following statements: The Reserve Bank of India’s recent directives relating to ‘Storage of Payment System Data’, popularly known as data diktat, c

The identity platform ‘Aadhaar’ provides open “Application Programming Interfaces (APIs)”. What does it imply? 1. It can be integrated into any electronic devic

With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements: 1. There is no

Consider the following statements: 1. In India , Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Ba

Consider the following statements: Statement-I : Syndicated lending spreads the risk of borrower default across multiple lenders. Statement-II : The s

Which one of the following activities of the Reserve Bank of India is considered to be part of ‘sterilization’?

Consider the following statements: 1. The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit

With reference to the Indian economy, consider the following statements: 1. If the inflation is too high, the Reserve Bank of India (RBI) is likely to

Consider the following statements: 1. In India, credit rating agencies are regulated by the Reserve Bank of India. 2. The rating agency popularly know

With reference to the Banks Board Bureau (BBB)’, which of the following statements are correct? 1. The Governor of RBI is the Chairman of BBB. 2. BBB