GK Question

technology medium mcq

Which CBDC benefit enables programmable welfare payments with usage restrictions?

  1. Faster Settlement
  2. Lower Costs
  3. Conditional Transfers
  4. All of these

Answer: Conditional Transfers

Programmable CBDC enables subsidies usable only for specific goods/services (food, education), preventing misuse while ensuring benefits reach intended purposes. Critical for social welfare efficiency.

Topic CBDC
Exam Relevance Banking, UPSC, SSC