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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.
Which of the following is the correct file extension of Portable document format?
Which of the following formulas correctly calculates the sum of values in cells A1 to A5 in Excel?
Which of the following is NOT an office productivity tool?
Enter key is an alternative to press ________ button?
Which one of the following file extension for image?
Which feature in Microsoft Word allows you to create personalized letters or emails by automatically inserting individual names and addresses from a dat...
Which of the following options in the Shape Format tab is used to make a line dotted or dashed in MS-PowerPoint 365?
___________________ is used to specify the intersecting of row and column of the letter and number on worksheet?
Which keyboard shortcut is commonly used to access macros in Microsoft Office applications?
How can you insert a page break in Microsoft Word?