Civil Services Examination · प्रश्न 72
With reference to Central Bank digital currencies, consider the following statements: 1. It is possible to make payments in a digital currency without using US dollar or SWIFT system. 2. A digital currency can be distributed with a condition programmed into it such as a timeframe for spending it. Which of the statements given above is/are correct?
उत्तर देखें और व्याख्या
उत्तर: (C) Both 1 and 2
व्याख्या
CBDCs can enable cross-border payments bypassing the dollar/SWIFT and can be programmable (e.g., expiry or purpose-bound).