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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.
Select the set in which the numbers are related in the same way as are the numbers of the following sets. (NOTE: Operations should be performed on the w...
Change the question mark with the option that follows the applied logic in the first pair.
Bad : Good :: Destination : ??
‘A # B’ means ‘A is the brother of B’.
‘A @ B’ means ‘A is the daughter of B’.
‘A & B’ means ‘A is the husband of B�...
There is a family of six members. There are two married couples. X is a daughter of F, who has two children. F is the mother of Y. Y is the husband of ...
In the following question, select the figure which can be placed at the sign of question mark (?) from the given alternatives.
If 10 A 5 B 6 C 2 = 53 and 6 A 4 B 8 C 2 = 28, then 17 A 5 B 18 C 9 =?
In a certain code language, ‘DOMINATE' is coded as 'TANIMODE' and 'FAITHFUL' is coded as ‘UFHTIAFL’. What is the code for ‘HIGHWAY’ in the giv...
If 9 March 2007 was Friday, then what was the day of the week on 13 March 2012?
In the question below, some letters are given in two ovals, intersecting each other. The letter(s) given in the intersected portion can be used more tha...
Arun said "Deepak's mother is the mother of my father's wife". How is Deepak related to Arun?
