Cashless economy Flashcards

1
Q

What is printing cost of notes in India?

A

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2
Q

Benefit for RBI in cashless economy?

A

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3
Q

Benefit for CBIC in cashless economy?

A

3

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4
Q

Technical challenges to cashless?

A

4

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5
Q

Legla challenges to cashless?

A

5

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6
Q

Structural challenges to cashless?

A

6

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7
Q

Committees appointed for cashless economy? Total 3

A

7

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8
Q

The 3 literacy schemes launched for cashless?

A

8

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9
Q

RBI imposed ceiling on MDR. Under what? How much ceiling?

A

9

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10
Q

Which ministry operates subsidy on MDR. Maximum limit on subsidy?

A

10

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11
Q

What is the current regulating authority wrt digital payments?

A

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12
Q

The regulating authority for digital payments was formed on whose recommendations?

A

12

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13
Q

What was PRB? Who had recommended? Why rejected by RBI?

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13

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14
Q

Who can you complain to for digital payments? Up to what limit is the complaint free?

A

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15
Q

If you win a complaint regarding digital payment how much money you stand to get?

A

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16
Q

Who to appeal to in case original appeal regarding digital payment gets rejected?

17
Q

In one line, what is the GoI’s stand on Cryptocurrencies?

18
Q

What has the government of India been doing to offset it’s stand on cryptocurrencies?

19
Q

What is Hashrate?

20
Q

Rupee: Paisa= Bitcoin:?

21
Q

Security challenges to Bitcoin?

22
Q

Revenue challenges to Bitcoin?

23
Q

Encironment challenges to Bitcoin?

24
Q

Why Bitcoin price is likely to fall anyway in future?

25
The two main committees on bitcoins by the Government of India?
25
26
What was the GoI's repsonse to Laxmicoin?
26
27
RBI effort to fight Cryptocurrency?
27
28
Which institute is engaged in studying Cryptocurrency?
28
29
Blockchain technology is analogous to?
29
30
What is Bondi? By whom? For whom?
30
31
Sov is first of what?By which country?
31
32
What is Petro? By which country?
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33
Petro?= Fiat?, Representative? Legal tender?
33
34
Hiranya associated with which empire? What it is?
34
35
Who abolished Persian for higher courts in India?
35
36
What is Hybrid card?
36
37
The 3 Regulatory measures recommended by Nilekani committee for Digital payments
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38
The 2 subsidy acronyms government should focus on according to Nilekani?
38
39
Explain "gov pahle khud sudharo" by Nilekani?
39