Question

    Which bank announced the successful execution of the

    Reserve Bank of India’s programmable Central Bank Digital Currency (CBDC) pilot that focuses on aiding farmers through the generation of carbon credits?
    A HDFC Bank Correct Answer Incorrect Answer
    B Axis Bank Correct Answer Incorrect Answer
    C State Bank of India Correct Answer Incorrect Answer
    D ICICI Bank Correct Answer Incorrect Answer
    E IndusInd Bank Correct Answer Incorrect Answer

    Solution

    IndusInd Bank was the first to announce the successful execution of RBI's programmable CBDC pilot, which particularly focuses on aiding farmers by generating carbon credits through recycling agricultural waste.

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