General Studies · Central Bank Digital Currency
In the context of India's digital currency ecosystem, which specific variant of the Central Bank Digital Currency (CBDC) is designed to mimic physical cash, offering features like anonymity for small-value transactions, offline payments, and peer-to-peer settlement?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Unified Payments Interface (UPI)
- 2Digital Rupee Retail (e-R)✓
- 3Retail e-RUPI
- 4Wholesale CBDC (e-W)
Correct answer
Digital Rupee Retail (e-R)
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