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
Q

full form of CROPIC

A

collection of real time observations and photographs of crops

26
Q

initiatives like WINDS, YEStech and CROPIC have been started under which scheme

A

PMFBY

pradhan mantri fasal bima yojna

27
Q

time for reporting crop damages in PMFBY has been increased from what to what

A

48 to now 72 hours to report crop loss

28
Q

which new hazard to crops has been added to PMFBY

A

damage due to attack by wildlife

29
Q

which bank launched the first sticker based debit card in india

A

IDFC bank

30
Q

name of the first sticker based debit card in india

A

FIRSTAP by IDFC

31
Q

which rank did india achieve in its production of steel worldwide in november 2022

A

2nd
china is first

32
Q

what did india’s installed capacity of steel increase to to push it to become the 2nd ranking steel power

A

150 million tonnes from 100 million before