GK Question

technology medium true_false

India's Central Bank Digital Currency (e₹) is a digital form of legal tender issued by RBI.

  1. True
  2. False

Answer: True

e₹ (e-Rupee) is RBI-issued digital token representing sovereign currency. Two types: retail (e₹-R) for public transactions via wallets, wholesale (e₹-W) for interbank settlements. Built on distributed ledger technology.

Topic Digital Currencies
Exam Relevance Banking, UPSC, SSC