New Click here to Enroll in NaBFID Analyst Intro Class on May 6

    Question

    Which of the following information is/are not true in

    accordance to the e-rupee in circulation as of March 2023- I. As per data from RBI’s Handbook of Statistics on the Indian Economy for FY23, e-rupee worth ₹16.39 crore is in circulation as of March 2023. II. Of the total e-rupee circulation, ₹10.69 crore was  retail CBDC whereas ₹5.70 crore was wholesale CBDC. III.  The circulation was highest for ₹500 CBDC notes at ₹2.71 crore, followed by ₹200 notes at 1.16 per cent.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only I & II Correct Answer Incorrect Answer
    D Only II & III Correct Answer Incorrect Answer
    E Only II & III Correct Answer Incorrect Answer

    Solution

       As per data from RBI’s Handbook of Statistics on the Indian Economy for FY23, Central Bank Digital Currency (CBDC) or e-rupee worth ₹16.39 crore is in circulation as of March 2023.    Of the total e-rupee circulation, ₹10.69 crore was wholesale CBDC whereas ₹5.70 crore was retail CBDC.     The circulation was highest for ₹500 CBDC notes at ₹2.71 crore, followed by ₹200 notes at 1.16 per cent.

    Practice Next