The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context?
Syllabus Connection
NCERT Connection
Ch.3: Money and Credit
Economics • Class 10 • Class 10 Understanding Economic Development
Ch.3: Money and Banking
Economics • Class 12 • Class 12 Macroeconomics
Related PYQs in Economic and Social Development
Which of the following is/are the most significant implication(s) of obtaining Oeko-Tex certification for Eri Silk in the global textile industry? 1. It allows Indian exporters to compete in high-end markets that prioritise chemical-free products. 2. It confirms that Eri Silk meets international safety, environmental, and quality standards, enabling its entry into premium eco-conscious markets.
Which among the following is/are the objective(s) of the Rainfed Area Development (RAD) initiative under the National Mission for Sustainable Agriculture (NMSA)? 1. Encouraging monoculture in rainfed areas 2. Increasing rice cultivation in irrigated regions 3. Enhancing productivity and minimising climatic risks through Integrated Farming Systems (IFS)
With reference to investments, consider the following : I. Bonds II. Hedge Funds III. Stocks IV. Venture Capital How many of the above are treated as Alternative Investment Funds?
Consider the following countries: 1. Italy 2. Japan 3. Nigeria 4. South Korea 5. South Africa Which of the above countries are frequently mentioned in the media for their low birth rates, or ageing population or declining population?
Consider the following statements in respect of the digital rupee: 1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy. 2. It appears as a liability on the RBI's balance sheet. 3. It is insured against inflation by its very design. 4. It is freely convertible against commercial bank money and cash. Which of the statements given above are correct?