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πMonthly #CabinetRoundup,Oct.,2022β
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DigitalRupee [eβΉ]: Central Bank Digital Currency (CBDC)!
@RBI launches first pilot of Digital Rupee - Wholesale: eβΉ-W
πPhased implementation strategy
πUse case: Settlement of secondary market transactions in government securities
πNo disruption to the financial system
@RBI launches first pilot of Digital Rupee - Wholesale: eβΉ-W
πPhased implementation strategy
πUse case: Settlement of secondary market transactions in government securities
πNo disruption to the financial system
Q.1691) With reference to President Rule (Article 356), which of the following are exercised by the President?
1. Executive powers of the State
2. Legislative powers of the State
3. Powers exercised by the High Court
1. Executive powers of the State
2. Legislative powers of the State
3. Powers exercised by the High Court
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All You need to Know about Digital Currency
https://newsonair.gov.in/News?title=All-You-need-to-Know-about-Digital-Currency&id=450218#.Y2EjTkzShn4.whatsapp
https://newsonair.gov.in/News?title=All-You-need-to-Know-about-Digital-Currency&id=450218#.Y2EjTkzShn4.whatsapp
newsonair.gov.in
All You need to Know about Digital Currency
Reserve Bank Of India announced its Pilot Launch of Digital Rupee in Wholesale segment (eβΉ-W) from today i.e. 1st November.
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πGood information by AIR on Digital currency...
β³οΈGS-3// Indian Economy//
β³οΈGS-3// Indian Economy//
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πThe world's oldest carved zero!
β On a wall of Chaturbhuj temple (9th CE , temple dedicated to Lord Vishnu ) in Gwalior Fort , Madhya Pradesh , is a plaque, dates back to c. 875 CE , which has a circle, considered as the earliest representation of the number zero in the world.
β The plaque mentions a land grant of 270 hastas (a unit of measure used for land ) for a flower garden as well as a daily grant of 50 flower garlands.
β On a wall of Chaturbhuj temple (9th CE , temple dedicated to Lord Vishnu ) in Gwalior Fort , Madhya Pradesh , is a plaque, dates back to c. 875 CE , which has a circle, considered as the earliest representation of the number zero in the world.
β The plaque mentions a land grant of 270 hastas (a unit of measure used for land ) for a flower garden as well as a daily grant of 50 flower garlands.
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πA Map of Ancient India showing the area of Peshawar where Bakhshali manuscript was found in 1881.
β Bakhshali manuscript was found in a village called Bakhshali, near Peshawar, now a region of Pakistan.
β It was found by a local farmer and was acquired by the Indologist AFR Hoernle, who presented it to the Bodleian Library in 1902, where it has been kept since then.
β It consists of 70 pages of birch bark, a common writing material before the advent of paper.
β Translations indicate that it may have been used by Silk Road merchants practicing arithmetic.
β A large part of the manuscript had been destroyed and only about 70 leaves of birch bark, of which a few were mere scraps, survived to the time of its discovery
β Bakhshali manuscript was found in a village called Bakhshali, near Peshawar, now a region of Pakistan.
β It was found by a local farmer and was acquired by the Indologist AFR Hoernle, who presented it to the Bodleian Library in 1902, where it has been kept since then.
β It consists of 70 pages of birch bark, a common writing material before the advent of paper.
β Translations indicate that it may have been used by Silk Road merchants practicing arithmetic.
β A large part of the manuscript had been destroyed and only about 70 leaves of birch bark, of which a few were mere scraps, survived to the time of its discovery
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β
Symbol in the Bakhshali manuscript is particularly significant for two reasonsπ
1) Firstly, it is this dot that evolved to have a hollow centre and became the symbol that we use as zero today.
2) Secondly, it was only in India that this zero developed into a number in its own , hence creating the concept and the number zero that we understand today β this happened in 628 CE, just a few centuries after the Bakhshali manuscript was produced, when the Indian astronomer and mathematician Brahmagupta wrote a text called Brahmasphutasiddhanta, which is the first document to discuss zero as a number.
1) Firstly, it is this dot that evolved to have a hollow centre and became the symbol that we use as zero today.
2) Secondly, it was only in India that this zero developed into a number in its own , hence creating the concept and the number zero that we understand today β this happened in 628 CE, just a few centuries after the Bakhshali manuscript was produced, when the Indian astronomer and mathematician Brahmagupta wrote a text called Brahmasphutasiddhanta, which is the first document to discuss zero as a number.