Glossary Terms

03

Nov'17

Minimum Reserve System

The Minimum Reserve System is the currency issue system followed by the RBI at present. It was adopted in 1956. …

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03

Nov'17

Central Board of Directors – RBI

The Central Board of Directors is at the top of the Reserve Bank’s organisational structure. Important decisions of the RBI …

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03

Nov'17

Note-issue

Note-issue or issue of currency notes is one of the premier functions of central banks including the RBI. Under note-issue, …

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03

Nov'17

Luddite Fallacy

The fear that technological unemployment may happen in the context of technical change is explained by ‘Luddite Fallacy’. Luddites were …

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03

Nov'17

Vittiya Saksharta Abhiyan

‘Vittiya Saksharta Abhiyan’ is a promotion campaign for cashless transactions. It should be carried out by faculty and students of …

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03

Nov'17

Digital Saksharta Abhiyan (DISHA) or National Digital Literacy Mission (NDLM) Scheme

The Digital Saksharta Abhiyan (DISHA) or National Digital Literacy Mission (NDLM) Scheme is a digital literacy program that trains the …

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03

Nov'17

BharatNet (or National Optical Fibre Network)

National Optical Fibre Network (NOFN) or BharatNet is project to construct optical fibre connectivity among the 250000 grama panchayats. The …

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03

Nov'17

Networked Readiness Index

Developed by the World Economic Forum, the Networked Readiness Index (NRI) measures the capacity of countries to use ICTs for …

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03

Nov'17

National broadband policy 2004

Government launched the National Broadband Policy 2004 by recognizing the potential of Broadband service in development and raising the quality …

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03

Nov'17

e-Kranti

e-Kranti is an advanced e-governance programme to deliver governance services through electronic mode. It has 44 mission projects. The programme …

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