Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
The RBI’s digital rupee pilot explores a central bank digital currency aiming for secure digital transactions, reduced dependency on physical cash, and financial inclusion. Potential benefits include real-time settlements and lower transaction costs. However, concerns revolve around privacy, cybersecurity, and the impact on banking intermediation. For exams, link how CBDCs compare to cryptocurrency and how they might reshape monetary policy transmission.
What is the “law of diminishing marginal utility”?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhich of the following statements best defines Gross Domestic Product (GDP)?
View QuestionWhat does the term “elasticity of demand” measure?
View QuestionWhat is meant by “marginal propensity to consume”?
View QuestionWhat is the significance of “Purchasing Power Parity” (PPP)?
View QuestionWhich of the following factors is NOT included in the calculation of Human Development Index (HDI)?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
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