General Knowledge · General Awareness
Which technical feature distinguishes Central Bank Digital Currency - Retail (CBDC-R / e-Rupee) from commercial bank digital money in a savings account during a retail transaction?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1CBDC-R can only be used for wholesale transactions between financial institutions.
- 2CBDC-R transactions are always reversible within 48 hours without merchant consent.
- 3CBDC-R is a digital token representing a direct claim on the Reserve Bank of India, providing finality of settlement without requiring inter-bank clearing.✓
- 4CBDC-R represents a direct liability of the issuing commercial bank.
Correct answer
CBDC-R is a digital token representing a direct claim on the Reserve Bank of India, providing finality of settlement without requiring inter-bank clearing.
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