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      Question

      What is the name of the RBI initiative launched in 2025

      to tokenize assets and improve market efficiency?
      A Unified Token Gateway Correct Answer Incorrect Answer
      B Asset Ledger Interface Correct Answer Incorrect Answer
      C Unified Markets Interface Correct Answer Incorrect Answer
      D Blockchain Exchange Platform Correct Answer Incorrect Answer
      E Smart Asset System Correct Answer Incorrect Answer

      Solution

      The Unified Markets Interface (UMI) was launched by RBI in 2025 to facilitate asset tokenisation using blockchain and wholesale CBDC, aiming for faster settlements, improved transparency, and efficiency.

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