RBI Soon Going to Launch Digital Rupee or CBDC in India

-


To promote digital transactions and keep working with digital world, RBI will soon launch Central Bank Digital Currency (CBDC) or Digital Rupee. On Friday, RBI has also released concept paper regarding this. Digital currency will be cost effective for RBI and customers can easily carry it. It's also safe and secure for customers. RBI will be free from spending lots of money on paper money.

According to the RBI, in the financial year 2021-22 total of 4984 crore rupees was spent on the printing of paper currency. after digital currency, this cost will be saved. According to the RBI, presently 105 countries are planning to bring digital currency. China and South Korea has also started the trial of digital currency.

According to the RBI, in the starting digital currency will be started in the pilot format. RBI did not give any fixed time for this but before the ending year pilot project will be launched. Finance Minister Nirmala Sitharaman has mentioned about the Digital Currency in the current budget. As per RBI, Digital Currency will be the option of Paper Currency and Paper Currency will also run. 

Digital Currency will be two types, Retail and Wholesale. Retail Digital Currency will be used by everyone and Wholesale Digital Currency will be used by institutional only. Digital Currency will be available in the form of Token and directly in the account. CBDC will be guaranteed by the central government. Paper notes can be converted into the digital currency and digital currency can be converted into the paper notes also.

Popular posts from this blog

REC Recruitment 2021 for Guest Faculty/Retired Faculty:Walk-In-Interview

-
Image
Rajkiya Engineering College (REC) has released vacancies for the post of Guest Faculty/Retired Faculty. Candidates having required qualification as per the Official Notification can apply for the post before the last date. Before applying for the post, All candidates are advised to read the details carefully and also read the Official Notification. Details of Posts, Age, Qualification, Pay Scale etc. Post Name- Guest Faculty/Retired Faculty Total Posts- 08 (Civil Engineering-5, Mechanical Engineering-3) Education Qualification- As per AICTE Rules. Pay Scale- Rs.450/- per contract hour or maximum Rs.30,000/- per month. Interview Fees GEN/OBC/EWS Candidates- Rs.500/- SC/ST/PH Candidates- Rs.500/- Selection Process Candidates will be selected on the basis of interview. How to Apply for REC Recruitment 2021 Interested and eligible candidates can apply for the post by attending the interview on the given dates. Important Dates Date of Notiication- 20.06.20...
Read more

KGMU Lucknow General & Backlog Positions Recruitment 2025 for 733 Vacancies, Apply Online

-
Image
King George's Medical University (KGMU), Lucknow has recently invited online application for various positions (General+ Backlog) of Nursing Officer. For more details, please check the given below post- Advertisement No.-  01/R-2025 & 02/R-2025 Post Name-  Nursing Officer Total Posts- 733 (GEN- 626, Backlog- 107) Age Limit-  18 to 40 years as on 01.01.2025. Qualification 1. B.Sc. (Nursing) from any Institute/ University recognized by Indian Nursing Council. 2. Must be Registered as a Nurses & Midwife in State/ Indian Nursing Council. OR 1. Diploma in General Nursing Midwifery from any Institute/ University recognized by Indian Nursing Council. 2. Must be Registered as a Nurses & Midwife in State/ Indian Nursing Council. 3. Minimum 02 years of Experience in a 50 bedded Hospital. Pay Scale- Level-7 as per the 7th CPC. Application Fee 1. GEN/OBC/EWS- Rs.2360/- (Rs.2000+GST of Rs.360/-) 2. SC/ST- Rs.1416/- (Rs.1200+GST of Rs.216/-) Selection Process- The selecti...
Read more

1962 Mobile Veterinary Unit UP Recruitment 2023 for Various Positions, Apply Online

-
Image
1962 Mobile Veterinary Unit, Uttar Pradesh has recently invited application for the post of Veterinary Doctor, Multi Tasking Personnel, Driver and Fleet Manager in 15 Districts of Uttar Pradesh. For more details, please check the given below post- 1962 Mobile Veterinary Unit UP Recruitment 2023: Details of Posts and Qualification Post Name Qualification Veterinary Doctor Bachelor of Veterinary and Animal Husbandry (B. VSc. & A.H.), Candidate must be registered with Veterinary Council of India also. Multi Tasking Personnel 12 th (Agriculture/Science), Candidate should have working knowledge on Computer also. Driver 8 th pass with commercial LMV license and minimum of 3 yrs experience. Fleet Manager Graduation with minimum of 03 yrs experience in Fleet/ Maintenance. All candidates should have registration on Sewayojan Portal and address proof also. Selection Pr...
Read more

12th Pass Recruitment for Telecaller in CM Helpline 1076- Apply Online

-
Image
Recruitment for Telecallers in CM Helpline 1076. Check Qualification, Pay Scale, Age, and Other Details. Eligible candidates can apply for the post as per the official notification. Here are the complete details of the post- Post Name-  Telecaller (Only for Male Candidates) Total Posts-  Will be updated soon. Age-  18-29 yrs. Education Qualification-  12th Passed. Pay Scale-  In starting Rs.6000/Month and after that Rs.9,500- 10,000/- Monthly. Selection Process-  Candidates will be selected on the basis of written test/ skill test or interview. How to Apply-  Interested candidates can apply for the post before the last date by registering in the Sewayojan website and attending the Rojgar Mela on 24 Feb 2021. Official Website- Click Here Date for Attending the Rojgar Mela-  24/02/2021 Important Points List of documents need to be carry when attending the Rojgar Mela- Matriculation/10th Certificate for Age Proof. Educational Certificates. Caste Ce...
Read more

UP Police SI Recruitment 2021: Cut Off Marks and Answer Key Released for 9534 Posts

-
Image
Uttar Pradesh Police is going to conduct Physical Standard Test and Document Verification Process (DVPST) on 25 April 2022 for 9534 Posts of Sub Inspector. The department has called 4 times candidates for this recruitment process. For this, the department has released category wise Cut Off marks on the official website of UP Police. Uttar Pradesh Police Recruitment & Promotion Board has conducted an online written exam between 12 Nov 2021- 2 Dec 2021 for 9500+ Posts (Civil Police- 9027, Platoon Commander in PAC- 484, Fire Brigade Officer- 23) on different exam centers. A total of 8,07,230 candidates has been appear in this exam and 36170 candidates have been called for DVPST. This exam will be conducted at the Zonal Headquarters of Police Lines in each District.  For this exam, candidates will be called to different exam centers in Lucknow, Kanpur City, Agra, Bareli, Meerut, Varanasi, Prayagraj and Gorakhpur. UP Police SI Recruitment 2021-  Category wise Cut Off Mar...
Read more

HPCL Biofuels Ltd. Backlog Vacancies Recruitment 2025 for 26 Positions in Management/Non-Management/Seasonal

-
HPCL Biofuels Limited has recently invited application for various Backlog Vacancies in Management/Non-Management/Seasonal on a Contract Basis for a period of Two Years and Extendable Upto One More Year Based on the Requirement of the Work and Performance of the Candidate. For more details, please check the given below post- Advertisement No.-  001/HBL/Backlog Vacancy/2023-2024 HPCL Biofuels Ltd. Recruitment 2025: Details of Posts, Age, Qualification & Pay Scale Post Name Total Posts Upper Age Limit (as on 01.03.2025) Qualification Pay Scale (Rs. In Lakhs per annum) Management DGM – Ethanol 1 57 years B.Sc. (Chem.) & DIFAT from ANSI/AVSI certification in industrial Fermentation/Alcohol Technology. Minimum 15 years Experience in Ethanol. 9-12 Manager / Dy Manager - Engineering Sugar 1 Degree or Diploma in Mechanical Engineering and ...
Read more

UP Board OMR Sheet Latest Update 2024 for 10th and 12th Exam, Check All the Rules & Guidelines

-
Image
Uttar Pradesh State Board of High School and Intermediate Education has recently announced that UP Board Students will get OMR Sheet along with the answer sheet. If students make any single mistake when filling out the OMR Sheet then their marks will be deducted.  OMR Sheet will be checked by the Computer and Scanning Machine. The Board Secretary has also uploaded a sample of the OMR Sheet along with the advisory on the official website. Here are some of the points, which students need to keep in their mind when submitting the OMR Sheet- 1. Use only blue/black ball pen to fill out the circles of OMR Sheet. 2. Every question will have four options and students need to fill out the circle given in front of the question. 3. Don't use whitener on the OMR Sheet and don't scratch it. 4. Fill out only one circle for one question. 5. Don't mark anywhere else on the OMR Sheet.
Read more

UPTDD Recruitment 2022 for Asst Teacher, Jr Assistant, Lab Attendant, Hostel Warden and Other Posts

-
Image
 Tribal Development Department has recently released the recruitment for various Teaching and Non-Teaching posts in Lakhimpur Kheri, UP. Interested candidates can apply for the post by sending the application offline with the required documents before the last date to the address given below by speed post/registered post- Principal, Eklavya Model Awashiy Vidhalay Sonaha, Chandan Chowki, Distt- Lakhimpur Kheri (PIN- 262902) Details of Posts, Age, Qualification & Pay Scale Post Name Total Posts Age (as on 01/01/2022) Qualification Pay Scale Vice Principal 01 60- 68 yrs PG Degree in any stream. B.Ed. Qualified. CTET 2nd Exam Qualified, which is organized by CBSE. Good knowledge of Hindi and English Language. Minimum 02 yrs experience as a PGT/Lecturer in any Central Govt/State Govt/Autonomous Bodies with the Pay Scale of Level-6 (Rs.47600- 151100) Rs.1870/- Lectur...
Read more

Grameen Pahredar Mission India Foundation Bharti 2025 for 8646 Posts of Graameen Paharedaar & Others

-
Image
Grameen Pahredar Mission India Foundation has recently invited application for Graameen Paharedaar, Night Supervisor/ Supervisor, Block Incharge and District Incharge in each Gram Panchayat & Wards of the City in Uttar Pradesh. For more details, please check the given below post- Advertisement No.-  01/2025/GPMIF 1127 Grameen Pahredar Mission India Foundation Bharti 2025: Details of Posts, Age, Qualification & Pay Scale Post Name Total Posts Age Limit Qualification Pay Scale Graameen Paharedaar 7812   8 th pass Rs.18,200/- Night Supervisor/ Supervisor 780   10 th pass Rs.23,200/- Block Incharge 46 (Male/ Female)   12 th pass Rs.30,500/- District Incharge 08 (Male/ Female)   Graduate in any stream and Basic Working Knowledg...
Read more

Bijnor Medical Officer Recruitment 2025 – Walk-In Interview for 4 MO Posts under NHM UP

-
Image
The Office of the Chief Medical Officer, Bijnor has officially announced the recruitment of Medical Officers under the National Health Mission (NHM), Uttar Pradesh. This is a contractual position for 1 year, extendable with approval from the Central Government. Interested candidates can attend the walk-in interview on 3rd May 2025. Overview of Bijnor MO Recruitment 2025 Organization:  National Health Mission, Uttar Pradesh Post Name:  Medical Officer (MO) Total Vacancies: 04 Application Mode: Offline Job Location:  Bijnor, UP Official Website:  www.bijnor.nic.in Important Dates Advertisement Date: 17 April 2025 Walk-in Interview:  3 May 2025, 10:00 AM to 05:00 PM Interview Venue:  Office of the Chief Medical Officer, Bijnor Eligibility Criteria Educational Qualification: 1. MBBS degree from a recognized institution. 2. Must have UP Medical Council Registration. Age Limit: 65 years as on the date of advertisement. Details of Posts GEN- 02 SC- 02 Total...
Read more