GK Question

technology medium true_false

Wholesale CBDC (e₹-W) is designed for interbank settlements and financial market infrastructure.

  1. True
  2. False

Answer: True

Wholesale CBDC enables real-time gross settlement between banks, central counterparties, and financial institutions. Improves efficiency, reduces counterparty risk, and enables new financial products.

Topic CBDC
Exam Relevance Banking, UPSC, SSC