The Reserve Bank of India (RBI) is said to be in favour of introducing a ‘digital fiat currency’ in India. What is/are the possible impact(s) of introducing a ‘digital fiat currency’?
1. The banks will have no role in transfer of such currencies.
2. If they take off in a big way, they will profit the digital payment product makers, like Paytm.
Select the correct answer using the code given below:
The Reserve Bank of India (RBI) is said to be in favour of introducing a ‘digital fiat currency’ in India. What is/are the possible impact(s) of introducing a ‘digital fiat currency’?
1. The banks will have no role in transfer of such currencies.
2. If they take off in a big way, they will profit the digital payment product makers, like Paytm.
Select the correct answer using the code given below:
Options
Similar Questions
Which of the following led to the introduction of English Education in India? 1. Charter…
Democracy’s superior virtue lies in the fact that it calls into activity
India has a score of 0.44 in the Human Capital Index released by the World…
Which of the following statements is/arc correct regarding the Maternity Benefit (Amendment) Act, 2017? 1.…
Which of the following points were the reasons for the failure of the Left Wing?…