Q What is the context ?
A Recently, Nigeria joined the Bahamas and five islands in the East Caribbean as the only economies to have introduced central bank digital currency (CBDC). This is a shortlist, but one that is likely to be supplemented.
Q What are Benefits of CBDC ?
A
Q What are design features of CBDCs ?
A
Q What are challenges in CBDCs ?
A
Q What can be way forward for India ?
A Recent comments by RBI officials have focussed on the desirability of introducing CBDCs. But the path to a “Digital Rupee” is not clear.