General Studies · Digital Currency
Taking forward the digitization efforts announced in the Union Budget, the Reserve Bank of India introduced its Central Bank Digital Currency (CBDC) in phases, with the launch of pilots for the Digital Rupee (e₹) in which of the following manner?
- 1Wholesale and Retail segments simultaneously on December 1, 2022
- 2Wholesale and Retail segments simultaneously on November 1, 2022
- 3Wholesale segment on December 1, 2022, and Retail segment on November 1, 2022
- 4Wholesale segment on November 1, 2022, and Retail segment on December 1, 2022✓
Correct answer
Wholesale segment on November 1, 2022, and Retail segment on December 1, 2022
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