BANK MP Cooperative Bank Clerk and Committee Manager Mock Test Current Affairs Business and Economy Economic and Financial Affairs
Which of the following statements are correct with respect to the Central Bank Digital Currency (CBDC), as of November 2022?
I. RBI has commenced its first pilot project to implement CBDC or Digital Rupee (e₹) in the Wholesale Segment (e₹-W) for secondary trade in government securities (G-secs).
II. A CBDC is a digital version of currency notes issued by a central bank, classified into two types Retail (CBDC-R) & Wholesale (CBDC-W).
III. The RBI has designated 9 banks to participate in the digital rupee wholesale (e₹-W) pilot project.
1
I and II only
2
I, II and III
3
II and III only
4
I and III only
5
III only