Current Affairs · Banking and Technology
Consider the following statements regarding the impact of Blockchain in the Indian banking sector: 1. Blockchain ensures transparency and immutability in financial transactions. 2. RBI has approved the use of decentralized private cryptocurrencies for general retail banking settlements. 3. Indian banks are actively exploring blockchain for trade finance and KYC verification. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3
- 2Only 1
- 3Only 2
- 4Only 1 and 3✓
Correct answer
Only 1 and 3
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