Question
Consider the following statements with reference to
Central Bank Digital Currency (CBDC): I. The digital fiat currency or CBDC can be transacted using wallets backed by blockchain. II. It is different from decentralized virtual currencies and crypto assets. III. According to the RBI, “CBDC is the legal tender issued by a public sector bank in a digital form. Which of the statements given above is/are not correct?Solution
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. In her Budget speech on February 1, Finance Minister Nirmala Sitharaman had said that the central bank would launch the CBDC in the financial year 2022-23. According to the RBI, “CBDC is the legal tender issued by a central bank in a digital form. It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency. Only its form is different”. The digital fiat currency or CBDC can be transacted using wallets backed by blockchain. Though the concept of CBDCs was directly inspired by Bitcoin, it is different from decentralised virtual currencies and crypto assets, which are not issued by the state and lack the ‘legal tender’ status.
In the following question, select the word which cannot be formed using the letters of the given word.
LEVOCETIRIZINE
Which among the following word cannot be formed using the letters of the given word only once?
PROPORTIONAL
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Which of the following words can be formed using the letters of the word only once?
TRANSFORMER
Word I: FORMAT
Word II: REFORM
Word III: REMOTE
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In the following question, from the given alternative words, select the word which cannot be formed using the letters of the given word.
PERFECTIONIST
Find which one of the given words cannot be made from the letters of the given word ‘ PERIPHERAL ’ .
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From the given alternative words, select that word which can't be formed using the letters (only once) of the given word ' DIMENSIONS '.
In the following question, select the word which cannot be formed using the letters of the given word.
BENEFICIAL
