economy november Flashcards

1
Q

who has launched the pilot project of digital rupee in november 2022

A

reserve bank of india

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2
Q

in which segment did the rbi launch the pilot project of digital rupee

A

in wholesale segment

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3
Q

other names for the pilot page of digital rupee?

A

central bank digital currency (CBDC)

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4
Q

digital rupee will be used for what?

A

settle secondary market transactions in govt securities

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5
Q

how many banks have been identified for the wholesale segment pilot project of digital rupee

A

nine

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6
Q

name the 9 banks for the pilot project of digital rupee

A

sbi
bob
union bank
pnb
ppp bank
kotak mahindra
yes bank
idfc first
hsbc

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7
Q

the CBDC will appear as a liability on the balance sheet of which bank

A

central bank

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8
Q

what would be the two types of digital currencies in india?

A

1 retail cbdc (CBDC-R)
2 wholesale cbdc (CBDC-W)

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9
Q

charge to convert digital currency to commercial bank money?

A

free

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10
Q

differences between cryptocurrency and digital money?

also for MAINS

A

crypto is completely private and digital money is govt currency
crypto is not monitored by govt while other is
crypto is not a legal tender while digital money is

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11
Q

in which budget was the digital rupee announced

A

union budget 2022-23

pichhle saal wala. nov ka current hai

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12
Q

full form of IIPDF

A

india infrastructure project development fund scheme

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13
Q

which department has launched the IIPDF scheme

A

dept of economic affairs, ministry of finance GoI

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14
Q

of which state’s IIPDF project did the dept of economic affairs notified financial assistance

A

chhattisgarh

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15
Q

how would PPP model play a part in IIPDF projects

A

PPPs will be encouraged to bring in private capital and efficiency in the implementation and operation of infrastructure projects

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16
Q

full form of MAARG portal

A

mentorship, advisory, assistance, resilience and growth

17
Q

which dept under which ministry has launched MAARG portal

A

dept for promotion of industry and internal trade (DPIIT) under ministry of commerce and industry

18
Q

MAARG is a what kind of platform by whom

A

a national mentorship platform by startup india

19
Q

what does MAARG portal facilitates

A

one stop platform for startups to facilitate and guide them across sectors, functions, stages and geographical. one can take help of experts on startups

20
Q

who is the secretary of the committee to imporve MNREGA

A

former rural dev secretary amarjit sinha

21
Q

where has the first retail municipal bond for solar energy in india been issued

A

indore municipal corporation

22
Q

where and of what capacity solar park is to be built in indore

A

60 MW in jalud solar park

23
Q

full form of WINDS

A

weather information and network data systems

24
Q

ful form of YES tech

A

yield estimation system based on technology

25
full form of CROPIC
collection of real time observations and photographs of crops
26
initiatives like WINDS, YEStech and CROPIC have been started under which scheme
PMFBY pradhan mantri fasal bima yojna
27
time for reporting crop damages in PMFBY has been increased from what to what
48 to now 72 hours to report crop loss
28
which new hazard to crops has been added to PMFBY
damage due to attack by wildlife
29
which bank launched the first sticker based debit card in india
IDFC bank
30
name of the first sticker based debit card in india
FIRSTAP by IDFC
31
which rank did india achieve in its production of steel worldwide in november 2022
2nd china is first
32
what did india's installed capacity of steel increase to to push it to become the 2nd ranking steel power
150 million tonnes from 100 million before