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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.
The bacterial disease, citrus greening is spread by _____ vector.
The essential amino acid in short supply in cereals is:
Biggest Fertilizer Cooperative in India is?
T and V system is a good example of:
Which of the following practice reduce soil erosion, evapotranspiration, kinetic energy impact of rain drops?
Which of the following element has a perforated cell wall?
Which of the following components of a Farm Pond is useful for letting out the excess water from the pond?
What is the capacity of medium type rural godown?
The process of delivering a fully developed fetus from female horse uterus after completion of natural gestation period is termed as _____
The essence of Engel's law is that as family incomes rises
