Q. Why is this in News?
A. According to recent reports, the Reserve Bank of India’s (RBI) digital rupee — the Central Bank Digital Currency (CBDC) — may be introduced in phases beginning with wholesale businesses in the current financial year.
Q. What is Central Bank Digital Currency (CBDC)?
A.
Q. What are the Benefits & Challenges of CBDC?
A.
Q. What is the Way Forward?
A.