Q. Which country was the first to launch its Central Bank Digital Currency (CBDC)?
Answer: The Bahamas
Notes: The Bahamas was the first country to officially launch its CBDC, known as the Sand Dollar, in October 2020.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 3 in Central Bank Digital Currency / E-Rupee in the above course in App.