Current Affairs · Digital Currency & Payment Systems
Consider the following statements regarding RBI's position on stablecoins and CBDCs: 1. RBI has argued that stablecoins can undermine monetary sovereignty and banking intermediation. 2. RBI has favoured sovereign CBDCs and interlinking of fast payment systems such as UPI with partner countries for safer cross-border payments. 3. RBI has stated that stablecoins are superior to existing systems such as UPI, RTGS, and NEFT for India's payment ecosystem. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 3 only
- 22 and 3 only
- 31 and 2 only✓
- 41 only
Correct answer
1 and 2 only
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