GS3 · 15 marks · 250 words

Union budget 2022-23 has proposed the introduction of the Central Bank Digital Currency (CBDC) to boost the digital economy. What do you understand by Central Bank Digital Currency (CBDC) and in what ways can it boost the digital economy in India?

Answered by 1 topper · CSE 2022

Syllabus: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

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