The pilot phase of India's retail CBDC allows transactions via ________ wallets issued by partner banks.
- Stake
- FATF / Financial Action Task Force
- Digital / e₹
- Reversibility / Recoverability
Answer: Digital / e₹
e₹-R pilot involves major banks issuing digital wallets for retail transactions: P2P, P2M, QR payments. Tests usability, scalability, and integration with existing payment systems before full rollout.