UPSC releases admit card for Indian Economic Service/Statistical Service examination On June 2 UPSC had asked candidates for the civil services examination to ensure safe custody of their e-admit card, saying the onus to prove innocence would be on them in case another person is found using the examination ticket. Bank Details: Similarly, it is the rate that shows the … Unlike decentralized cryptocurrencies, such as bitcoin, that allow users to transfer value with no central authority or third party involved, the government-backed digital currency is preferred. Recently, linking of which of the following rivers was undertaken? The People’s Bank of China, the country’s central bank, will be the sole issuer of the digital yuan, initially offering the digital money to commercial banks and other operators. Q. What are cryptocurrencies? Petro of Venezuela. User Login . It will be launched in major cities of Shenzhen, Suzhou and Chengdu, as well as the Xiong’an New Area. It would also hurt exporters in Europe, Japan and elsewhere. What is a cryptocurrency? Regulatory issues, 2. Which countries have official virtual currency – e.g. Exchange rate (foreign exchange rate) is the rate at which domestic currency is traded for a foreign currency. Our Renminbi Globalisation Index has tracked the internationalisation of China’s currency since 2011. 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This quiz is intended to introduce you to concepts and certain important facts relevant to UPSC IAS civil services preliminary exam 2020. What are the risk associated with them? D; C; UPSC Mains question. It aims to change the financial system in big ways — by cutting costs and making transactions easier, more convenient and more transparent. No Admit Card will be sent by post. To place the question in relief, I start with an historical analogy.1 For UPSC 2021 preparation, follow BYJU'S. Renminbi tracker: How global is the renminbi? Similar question UPSC asked last year- Peace clause, agreement on Agricultre etc are associated with which organization? LTD is the parent company of CIVILSDAILY IAS. To access the same, a google account is a must. China in a significant move has launched a trial of digital yuan in four urban centres of the country for specific services even as the world grapples with the containment of Covid. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan". Public Disclosure of marks & other details of non-recommended willing candidates, Common mistakes committed by the candidates in Conventional Papers, Status of Recruitment Cases (Advertisement-wise), Recruitment cases kept on hold on account of Pending Litigations, Written Result: 37 Posts of Medical Officer - Research Officer (Ayurveda) in Ministry of AYUSH, Written Result: 09 Posts of Medical Officer (Ayurveda) in Directorate of AYUSH, GNCTD, Written Result: 07 Posts of General Duty Medical Officer (Homoeopathy), GNCTD, Written Result: 36 Posts of Medical Officer - Research Officer (Homoeopathy) in Ministry of AYUSH, Notice: 37 Posts of Assistant Director of Operations in DGCA, Final Result: 10 Posts of Senior Examiner of Trade Marks and Geographical Indications, Final Result: 50 Posts of Assistant Hydrogeologist in Central Ground Water Board, Final Result: 01 Post of Administrative Officer in Central Sheep Breeding Farm, Final Result: 08 Posts of Administrative Officer, Border Roads Organisation, Ministry of Defence, Notice: 05 Posts of Assistant Legal Adviser in Enforcement Directorate, Notice: 11 Posts of Company Prosecutor in Ministry of Corporate Affairs, Rectt. UPSC Civil Service Preliminary Exam is conducted on August 07, 2016. It will be a voluntary healthcare programme that would reduce the gap among stakeholders such as doctors, hospitals and other healthcare providers, etc. IAS Prelims Current Affairs Analysis 2016: Question Review: Union Public Services Commision (UPSC) conducted the IAS Prelims exam on 7 August 2016. Initially it will be tested in three major cities of Shenzhen, Suzhou and Chengdu. If you score less, please … Continue reading "QUIZ – 2020: Insights Current Affairs Quiz, 21 January 2021" Blockchain, sometimes referred to as Distributed Ledger Technology (DLT), makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing. e-RMB It will be the electronic form of the renminbi, with a value equivalent to the paper notes and coins in circulation. 2. c. 60. Download the UPSC Notification 2020 PDF to get information on UPSC exam dates, pattern, syllabus, eligibility conditions and IAS News. 2. The fiat renminbi is often accused of being subjected to manipulation by China’s Communist government. Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR? Registration Id: Forgot Registration ID: Password: Forgot Password [Password is Case Sensitive] It allows you to access your e-documents irrespective of your physical location. A/C No: xxxxxxxxxx2695 C. renminbi D. Gridcoin. Upsc asperiants on [Model Answer] UPSC GSM1-2017/Q20: Geography / Urbanization- New Problems of IT-BPO Cities (250 words, 15 marks) Vibhuti Sharma on [Download] UPSC Mains-2020 Essay Paper, Including Topicwise last 28 YEARS Essay Question Papers (1993-2020) with booklist, strategy! Introduction In this paper I ask how long it will take for the Chinese renminbi to attain international currency status. (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2. For Previous Static Quiz (ARCHIVES) – CLICK HERE DAILY STATIC QUIZ will cover all the topics of Static/Core subjects – Polity, History, Geography, Economics, Environment and Science and technology.. comment. Discuss how a vibrant cryptocurrency segment could add value to India’s financial sector. The eligible candidates shall be issued e-Admit Card three weeks before the commencement of the Examination. 89. From UPSC perspective, the following things are important : Mains level : Cryptocurrency and its feasiblity. Page-6891 - Current Affairs section of GKToday provides Student Friendly News Summaries on National and International Current Affairs and Current Events for UPSC, State PCS/ Civil Service Exams, SSC and Banking Exams. APEIROGON TECHNOLOGIES PVT. Answer . (a) Ruble (b) Rand (c) Indian Rupee (d) Renminbi is Important for All Competitive Exams. Select the correct answer using the code given below. Daily Current Affairs MCQ's For All Competitive Exams | 13 January 2021 | E-Warriors . It allows you to access your e-documents irrespective of your physical location. It is not a test of your knowledge. IMF is headquartered in Washington D.C. Download PDF. So we never think Ignore it. Miners create new blocks on the chain through a process called mining. The collapse of Bretton Woods system in 1973 and the shift of major currencies to floating exchange rate regimes lessened the reliance on the SDR as a global reserve asset. (d) Renminbi. From 2015 to 2020, the devaluation of the yuan by the Chinese government has accelerated from … The questions are mainly framed from The Hindu and PIB news articles. Rise of the renminbi We chart the renminbi’s extraordinary journey towards becoming a global currency. RMB banknotes start at one Yuan and go up to 100 Yuan. What is india’s position on cryptocurrencies? Designed, Developed by Akiko Sherman Infotech Last Updated: 12 Feb 2020 Blockchain consists of three important concepts: blocks, nodes and miners. Best current affairs & GK article on Renminbi ... Renminbi. Dear Learners, As We all Know General Awareness ( CA, Static, Banking Awareness etc.) It provides for refinance through SIDBI. International Monetary Fund (IMF) is an international organisation consisting of 189 countries as its members. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work. And it … LTD So, the future of an e-renminbi will also be shrouded in secrecy. Today, the term "Yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency of the People's Republic of China. The United States has removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict. e - Admit Card: Combined Defence Services Examination (I), 2021 Reserve List: Civil Services Examination, 2019 Final Result: 01 Post of Administrative Officer in Central Sheep Breeding Farm It leverages blockchain technology to gain decentralization, transparency, and immutability. Answers. It will be the electronic form of the renminbi, with a value equivalent to the paper notes and coins in circulation. e- RMB: The digital currency – known as the e-RMB – “will not be issued in large amounts” for public use in the short term, and the digital currency in circulation would “not lead to an inflation surge”. The People’s Bank of China, the country’s central bank, will be the sole issuer of the digital yuan, initially offering the digital money to commercial banks and other operators. Still, experts say China thinks that it is much easier to transfer e-payments across the border while controlling it from within the country. A/C Name: APEIROGON TECHNOLOGIES PVT. The public would be able to convert money in their bank accounts to the digital version and make deposits via electronic wallets. e-Admit Card will be made available on the UPSC Website[upsc.gov.in] for being downloaded by the candidate. The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of the blockchain makes cryptocurrencies theoretically immune to the old ways of government control and interference. 21 articles Renminbi tracker: How global is the renminbi? The Case for Investing in the Chinese Yuan . Select the correct answer using the code given below. It was established on 27 December 1945 with the objective of reducing poverty, sustaining economic growth, promoting international trade and bringing in financial stability. e-Pharmacy; Telemedicine. Reserve Tranche: The reserve tranche is proportion of the required quota of currency that each International Monetary Fund (IMF) member country must … Renminbi is the official name of the currency introduced by the Communist People's Republic of China at the time of its foundation in 1949. This is a part of our recently launched, NEW INITIATIVE IASbaba’s INTEGRATED REVISION PLAN (IRP) 2020 – Road Map for the next 100 Days! UPSC Notification 2021 to be released on 10th February 2021 | UPSC Notification 2020 was released on 12th February against 796 vacancies. Subtle differences btn digital and virtual currency – e.g. (250 W), 1. Buy Printed Study Material for IAS Pre General Studies (Paper-1) Online Crash … Nodes can be any kind of electronic device that maintains copies of the blockchain and keeps the network functioning. Logic – Changing the name does not make you smart – UPSC With reference to International Monetary and Financial Committee (IMFC), consider the following statements: 1. All those who gave the IAS Prelims exam, must be eager to know their result.. IAS is one of the most popular and prestigious exams of the country. The following quiz will have 5-10 MCQs. Millions of aspirants from various corners of the country appeared for the exam. We ask students to login via google as we share a lot of our content over google drive. e-RMB It will be the electronic form of the renminbi, with a value equivalent to the paper notes and coins in circulation. Significance of UK labor party’s remarks on Kashmir, Blockchain Technology: Prospects and Challenges. This basket Includes five currencies—the U.S. dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound sterling. A Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. The National Health Authority (NHA), the attached office of the Ministry of Health & Family Welfare which will design, build, roll-out and implement the NDHM. Online Application for Various Examinations of UPSC, (Since: 15 Sep 2016)(140) (24-Jan-2021 03:16 ). Current Affairs, GK & News related notes on Renminbi topic for UPSC, Civil Services, Banking and other Competitive Examinations of India. Q.1) With reference to ‘stand up India scheme’, which of the following statement is/are correct?Its purpose is to 1. promote entrepreneurship among SC/ST and women entrepreneurs. Website Content Managed by © Content Owned by Union Public Service Commission, New Delhi, India. 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