UPSC Prelims 2024 – Digital Rupee (CBDC) Features & statements
UPSC Prelims 2024 Question on – Digital Rupee (CBDC) – Key Features & Correct Statements
Q. Consider the following statements with respect to the Digital Rupee:
1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.
2. It appears as a liability on the RBI’s balance sheet.
3. It is insured against inflation by its very design.
4. It is freely convertible against commercial bank money and cash.
Which of the statements given above are correct?
