With the digital rupee, we could be looking at a whole new era of convenience in digital payments. Transferring funds will be the literal equivalent of handing cash over, totally instantaneous.The RBI has even mentioned an ‘Offline’ feature, allowing transactions to occur even without a mobile...
How does monetary policy affect money market instruments (ie. bills, CB, etc.)? What are some of the monetary policies that the government uses to control the supply of money in the system? How can the Reserve Bank of India stop depreciation of the Indian Rupee? How would each of the ...
utility bills also read: difference between fixed cost and variable cost how to calculate the variable cost? the formula used to calculate the variable cost is: total variable cost = total quantity of output x variable cost per unit of output also read: what is the average fixed cost?
No. Only one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are more than one IECs allotted to a proprietor, the same may be surrendered to the Regional Office for cancellation. What is the duration of to get an IEC after...
If your bank notices that you have been quite irregular with the payments of your credit bills, your credit card may get blocked. In such cases, you will have to make immediate payment of your bill in order to re-activate your card. For your convenience, banks allow you to make the pay...
Furthermore, the aforementioned carveout has given the industry hope that state legislatures, as well as Congress, will address any bills that could conceivably put a damper on the EB-5 space with regard to business from China. These and other factors spell one result:...
The National Payments Corporation of India (NPCI) created it and the Reserve Bank of India (RBI) oversees its operation. The user will only have to use a virtual address, known as a Virtual Payment Address (VPA) to carry out any transaction. If you integrate UPI into your business, to...
Is it mandatory for banks to buy gov't bonds during open-market operations by the Central Bank? If not, how will the Central Bank control inflation? 5. How does quantitative easing differ from traditional open market operations? 6. How do banks create ...
As per D.A terms, once the shipping documents along with bills of exchange received by the buyer’s bank, the buyer is informed to accept documents by buyer’s bank. The buyer accepts documents by signing bills of exchange sent by the exporter, agreeing to pay the value of goods shipped...
The National Payments Corporation of India (NPCI) created it and the Reserve Bank of India (RBI) oversees its operation. The user will only have to use a virtual address, known as a Virtual Payment Address (VPA) to carry out any transaction. If you integrate UPI into your business, to...