Maharashtra State Service Pre 2026 PracticeHard
Q.Consider the following statements regarding the 'e-Rupee' (Central Bank Digital Currency - CBDC) launched by the Reserve Bank of India: (a) The e-Rupee is a sovereign legal tender issued by the RBI in a digital form and is fungible one-to-one with fiat currency. (b) Similar to cryptocurrencies like Bitcoin, the e-Rupee operates on a completely decentralized, trustless public blockchain with no central authority. (c) Customers holding digital currency in their e-Rupee wallets earn a fixed annual interest rate from the RBI to encourage digital savings. Which of the statements given above is/are correct?
a
(1) Only (a)
b
(2) Only (a) and (b)
c
(3) Only (b) and (c)
d
(4) All of the above
Correct Answer: Option A
The correct solution involves applying the fundamental concept to derive the final value step by step...