Q.3 What is a Central Bank Digital Currency (CBDC)? What are its advantages and what are the concerns associated? (10 Marks)

Mentor’s Comments- https://indianexpress.com/article/explained/explained-economics/pilot-launch-of-e-rupee-for-specific-use-cases-what-is-the-rbis-plan-8198117/ Explain what CBDC is with few examples. You can link it with RBI’s pilot launch of e-rupee. … Continue reading Q.3 What is a Central Bank Digital Currency (CBDC)? What are its advantages and what are the concerns associated? (10 Marks)