Economy
2023
Banking in India
RBI and Functions
UPSC Practice Question
With reference to Central Bank digital currencies, consider the following statements : 1. It is possible to make payments in a digital currency without using US dollar or SWIFT system. 2. A digital currency can be distributed with condition programmed into it such as a time-frame for spending it. Which of the statements given above is/are correct?
A.1 only
D.Neither 1 nor 2
C.Both 1 and 2
B.2 only