RBI has launched e-Rupee (Central Bank Digital Currency) on a pilot basis in four cities and with four banks. Some of the important features of e-Rupee (retail) are:
1. It will be in the form of a digital token and will be a fiat currency and legal tender
2. It will be issued in the same denominations that paper currency and coins are currently issued
3. It will be distributed through intermediaries i.e. banks
4. Transactions can be both person to person and person to merchant (payments to merchants can be made using QR Codes)
5. Users will be able to transact with e-rupee through a digital wallet offered by the participating banks and stored on mobile phones and other devices
6. E-rupee would offer features of physical cash like trust, safety and settlement facility
7. E-rupee will not earn any interest like cash
8. E-rupee can be converted to other forms of money like deposits with bank
E-Rupee has been demarcated into two broad categories - retail and wholesale
1. It will be in the form of a digital token and will be a fiat currency and legal tender
2. It will be issued in the same denominations that paper currency and coins are currently issued
3. It will be distributed through intermediaries i.e. banks
4. Transactions can be both person to person and person to merchant (payments to merchants can be made using QR Codes)
5. Users will be able to transact with e-rupee through a digital wallet offered by the participating banks and stored on mobile phones and other devices
6. E-rupee would offer features of physical cash like trust, safety and settlement facility
7. E-rupee will not earn any interest like cash
8. E-rupee can be converted to other forms of money like deposits with bank
E-Rupee has been demarcated into two broad categories - retail and wholesale
Indiaβs economic growth at 6.3% for second quarter, slower than previous months
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ThePrint
Indiaβs economic growth at 6.3% for second quarter, slower than previous months
Government capital spending increased more than 40% during the quarter as it stepped up expenditure on roads to railways, according to official data on Wednesday.
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FCI Category II PRE Admit Card
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β FCI Category II Pre Admit Card ππ
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β FCI Category II Pre Admit Card ππ
Forwarded from SSC PRO ΰΈ
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GA Questions Asked in SSC CGL Tier 1 Shift 01 Exam on 01st December :-
1. Decomposition of Coal
2. Author of '"Playing it in my way"- Sachin Ramesh Tendulkar.
3. Capital of Norway.
4. Babar's last battle- 1529.
5. Win Laurel Idiom.
6. Who played Shenai in Red Fort for the first time?.
7. Article 32 related question.
8. From which country India bought Cheetahs?
9. 42nd Constitution related.
10. What is the theme of International Yoga Day 2022?
11. Brahma Samaj related.
12. Nipun Pariyojna-related question.
13. What is Parliament?
14. Chemical name of Lime.
15. Airforce Airline.
16. Dance related question.
17. Where is Meenakshi Temple situated?- Tamil Nadu.
18. Battle of Panipat- 1526.
19. Who is the winner of Ranji Trophy.
20. One question from Planning Commission.
21. President Murmu belongs to which tribe?.
22. Father of Genetics.
23. Largest Continent - Asia.
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1. Decomposition of Coal
2. Author of '"Playing it in my way"- Sachin Ramesh Tendulkar.
3. Capital of Norway.
4. Babar's last battle- 1529.
5. Win Laurel Idiom.
6. Who played Shenai in Red Fort for the first time?.
7. Article 32 related question.
8. From which country India bought Cheetahs?
9. 42nd Constitution related.
10. What is the theme of International Yoga Day 2022?
11. Brahma Samaj related.
12. Nipun Pariyojna-related question.
13. What is Parliament?
14. Chemical name of Lime.
15. Airforce Airline.
16. Dance related question.
17. Where is Meenakshi Temple situated?- Tamil Nadu.
18. Battle of Panipat- 1526.
19. Who is the winner of Ranji Trophy.
20. One question from Planning Commission.
21. President Murmu belongs to which tribe?.
22. Father of Genetics.
23. Largest Continent - Asia.
βΊ α«α΄ΙͺΙ΄ π₯ ββ₯ @SSC_PRO β€οΈ
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βCompetition takes time to evolve, weβll have to wait for it to evolve. And at this stage of time, probably implementing that, would have cost some sort of friction in UPI."-T Rabi Sankar, Deputy Governor, RBI https://www.thehindubusinessline.com/money-and-banking/implementing-upi-volume-cap-now-could-have-caused-friction-rbi-dg-sankar/article66219674.ece
BusinessLine
Implementing UPI volume cap now could have caused friction: RBI DG Sankar
PhonePe had a 47 per cent market share in terms of the volume of UPI transactions in October, whereas Google Pay had a 34 per cent share and Paytm around 15 per cent
Canara Bank receives the Bankerβs Bank 2022 award: https://www.thehindubusinessline.com/money-and-banking/canara-bank-receives-the-bankers-bank-2022-award/article66213989.ece
BusinessLine
Canara Bank receives the Bankerβs Bank 2022 award
The judgment criteria included the ability to deliver returns, strategy, innovation, technology, and product and services in respective geographies in the last 12 months
π SBI PO PRELIMINARY ADMIT CARD DOWNLOAD START SOON
https://ibpsonline.ibps.in/sbiposep22/cloea_dec22/downloadstart.php
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https://ibpsonline.ibps.in/sbiposep22/cloea_dec22/downloadstart.php
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Forwarded from Target Descriptive π
π°SBI PO Mains Descriptive questions ( 2nd January 2022)
π«₯Essay
β Impact of privatisation of public sector banks in India
β Role of education in economic development
π«₯Letter
β Write letter to HR for job advertisement in newspaper for post of HR executive.
β Write letter to local newspaper for a sportspersons that has died and how this man was a legend.
β Write a letter to Manger for out-bound training
βΊ α«α΄ΙͺΙ΄ π₯ ββ₯ @TargetDescriptive
π«₯Essay
β Impact of privatisation of public sector banks in India
β Role of education in economic development
π«₯Letter
β Write letter to HR for job advertisement in newspaper for post of HR executive.
β Write letter to local newspaper for a sportspersons that has died and how this man was a legend.
β Write a letter to Manger for out-bound training
βΊ α«α΄ΙͺΙ΄ π₯ ββ₯ @TargetDescriptive
5_6082510660002907726_221205_094020.pdf
3 MB
π RECRUITMENT OF BANK OF MAHARASHTRA OFFICERS SCALE I ,II, III, VI, V
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