Gunjan

CBDC is a national digital currency or digital form of fiat currency of a country.

NEFT stands for National Electronic Fund Transfer is a centralised payment system of India.

NPCI is an initiative of the Reserve Bank of India and Indian Bank Association in order to promote the digital payment and settlement system of India at retail level.

The relationship between output and cost is expressed in terms of cost function. The companies use cost function to minimize cost and maximize production efficiently.

It accepts demand deposits under current deposits, and savings bank deposits from individuals, small businesses and other entities.
It issues ATM / Debit Cards. Payments banks, however, cannot issue credit cards.
It makes payments and remittance services through various channels including branches, Automated Teller Machines (ATMs), Business Correspondents (BCs) and mobile banking.
It also provides internet banking services to the users.
It accepts remittances to be sent to or receive remittances from multiple banks under a payment mechanism approved by RBI, such as RTGS / NEFT / IMPS.
It undertakes other non-risk sharing simple financial services activities, not requiring any commitment of its own funds, such as distribution of mutual fund units, insurance products, pension products, etc. with the prior approval of the RBI and after complying with the requirements of the sectoral regulator for such products.

General insurance, also referred to as non-life insurance, is related to insurance of properties, assets, real estate, gazettes, automobiles etc.

Foreign investment refers to the investment made by the foreign individuals or corporations or government.

Thermodynamics is the branch of physics which deals with heat and other forms of energy and also gives relationships between them.

Drude and Lorentz gave classical free electron theory of metals theory in 1900. Another name for this is Drude –Lorentz theory of metals.

In 1895, German physicist Wilhelm Roentgen discovered X-rays. X-rays are electromagnetic in nature and application of X-rays are innumerable.

Faraday’s law gives the idea about how an electromotive force comes into action when a magnetic field interacts with an electric circuit.

Money laundering is the process of converting the illegally earned money into legal money

Prime Minister The head of the Executive is the Prime Minister of the Country, the energy conferred on the President is consultative…

a) Governor is a state constitutionally strict person. b) He appoints a majority party leader as the state prime minister. c) He…

Chief Minister’s authority and function: The provincial Chief Minister occupies an essential function withinside the sports of the provincial authorities. They are:…

Case Law are the ones created through legislative bodies, including Congress, at each the federal and country levels. While this form of…

The functions of Rajya Sabha are as follows: 1. Legislative functions of Rajya Sabha Rajya Sabha does not have the same power…

The Powers of the President are: 1. Execution right of the President : Firstly all enforcement measures are taken in the name…

The functions of Lok Sabha are described in the following: 1. Legislation Its legislative powers and functions extend to all subjects on…

W. L. Bragg gave a simple explanation for the study of crystal structure by using the phenomenon of diffraction and name it is as Bragg’s law.

Numerical integration is the method to calculate the approximate value of the integral by using numerical techniques.

President rule The president’s rule refers back to the suspension of kingdom authorities and the imposition of direct authorities of the Centre.…

Monetary policy is the process of drafting, announcing, and implementing the plan of actions taken by the central bank, currency board

These are those polymers which decompose under aerobic or anaerobic conditions, as a result of the action of microorganism/enzymes.

isoquant is a combination of any two factor inputs that represents and produce the same level of output.

Cost push inflation occurs when supply costs rise or supply levels fall. As long as demand remains the same either will drive up prices

Crystal field theory established in 1929 explains the interaction of the metal ion and the ligand as a pure electrostatic reaction

Waterfall model needs requirements, design, implementation, testing and maintenance are phases of this methodology.

Cost analysis is concerned with determining the money value of input used for production which is called as overall cost of production.

The President’s rule refers back to the suspension of kingdom authorities and the imposition of direct authorities of the Centre. The critical…