BANK BMC Bank Junior Executive Assistant Mock Test Series 2024 General Knowledge Capitals and Currencies
Consider the following statements regarding Central Bank Digital Currency (CBDC):
a.It will be a fiat currency and legal tender and will not have intrinsic value
b.It will exist only in digital form
c.CBDCs held by people will be reflected as liability on the RBI balance sheet rather than banks
d.It could lead to instantaneous payment without any processing delays
Select the correct answer using the code given below:
1
a & c only
2
b & d only
3
c & d only
4
a, b & d only
5
All of the above