%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(28).png "RBI Launches ‘RBIDATA’ App for Access to Macroeconomic & Financial Data")
Here are the key features and benefits of the app:
a) Facilitating digital payments
b) Providing financial and macroeconomic statistics
c) Offering mobile banking services
d) Enabling cryptocurrency transactions
- Access to Data: The app provides access to over 11,000 series of macroeconomic and financial statistics related to the Indian economy. This includes data on national accounts, price indices, money and banking, foreign exchange, and more.
- Visualization Tools: Users can view time series data in the form of graphs and charts, making it easier to analyze trends and patterns.
- Downloadable Data: The app allows users to download data for further analysis and research, facilitating detailed economic and financial studies.
- Bank Locator: The app includes a feature to locate banking facilities within a 20 km radius of the user's location, making it convenient to find nearby banks and ATMs.
Question:
Q.1 What is the primary purpose of the RBIDATA mobile app?a) Facilitating digital payments
b) Providing financial and macroeconomic statistics
c) Offering mobile banking services
d) Enabling cryptocurrency transactions
Answer: b) The RBIDATA app offers access to over 11,000 series of macroeconomic and financial statistics related to India's economy, including national accounts, price indices, and banking data.
