Economics · Indian Financial System
The conversion rate between the physical rupee and the digital rupee in India is determined or regulated by which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1National Payments Corporation of India (NPCI)
- 2Ministry of Finance
- 3Reserve Bank of India (RBI)✓
- 4Market forces (Demand and Supply)
Correct answer
Reserve Bank of India (RBI)
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