GK Question

technology medium mcq

Which CBDC feature enables automatic compliance with transaction limits and reporting?

  1. Programmable Rules
  2. Smart Contracts
  3. Both A and B
  4. Neither

Answer: Both A and B

Programmable CBDC with embedded rules can enforce AML limits, reporting thresholds, and policy conditions automatically. Enhances compliance efficiency while requiring careful privacy design.

Topic Digital Currencies
Exam Relevance Banking, UPSC, SSC