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It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency. Statement I is not correct - The digital fiat currency or CBDC can be transacted using wallets backed by blockchain. Bahamas has been the first economy to launch its nationwide CBDC — Sand Dollar. Statement II is not correct - China became the world's first major economy to pilot a digital currency e-CNY in April 2020. Nigeria is another country to have rolled out eNaira in 2020. Statement III is correct - CBDCs are a digital form of a paper currency and unlike cryptocurrencies that operate in a regulatory vacuum, these are legal tenders issued and backed by a central bank.
Identify the segment that contains a grammatical error. If there is no error, select 'No error'.
It is custom for the Ministry of external affair...
Directions: The following sentences are divided into parts. Identify if there is any error in any of the parts. If there is an error, choose the lette...
At his birth, it was predicted that he will grow up to be a world ruler but it was not clear whether this would be political or spiritual.
Shooting as well as horse riding (A) are taught to cadets (B) at the National Defence Academy (C) every morning. (D) / No error (E)
Find the correct sentence.
All year Daly had imitated that (A)/he was ready to step down (B)/and last night reports of his resignation (C)/did not come as any surprise (D).
The following sentence has been split into four segments. Identify the segment that contains a grammatical error.
Won’t you / please come /...
His maid servant behavior (A)/ is undoubtedly indecent (B)/ but I don’t understand (C)/how he tolerates it (D)/ No Error (E).
With an aim to boost economic growth, (A)/ the government have announced (B)/ several initiatives, including tax rebate (C)/ and incentives of small bus...
In the following question, a sentence is given, divided into four parts (A), (B), (C) and (D). The error, if any, will only be in TWO PHRASES/PARTS of t...
