Current Affairs · Economy
India’s Central Bank Digital Currency (CBDC), known as e₹, is being introduced in phases. Which of the following statements is correct regarding its design features as per recent RBI publications?
- 1It replaces commercial bank deposits entirely.
- 2It can be issued in both wholesale and retail formats.✓
- 3It is issued only for cross-border wholesale settlement.
- 4It is fully anonymous like physical cash and leaves no transaction trail.
Correct answer
It can be issued in both wholesale and retail formats.
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