digital rupee Current Affairs, GK & News

RBI Launches Retail CBDC

After successfully launching the wholesale pilot project for central bank digital currency in November, the RBI commenced the retail CBDC pilot project from December 1. About RBI’s Retail CBDC Pilot Project On December 1, the first phase of the retail e-rupee pilot project was launched. It initially covers four cities – Mumbai, New Delhi, Bengaluru, ..

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RBI Concept Note on CBDC

On October 7 this year, the Reserve Bank of India launched a concept note to raise public awareness about central bank digital currency (CBDC). Key facts The recently released concept note discusses key considerations like technology and design choices, possible uses of digital rupee, issuance mechanisms and other such topics. The purpose of the concept ..

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Union Budget 2022-23-Highlights

On February 1, 2022, the Union Finance Minister Nirmala Sitaraman presented the Union budget 2022-23. The budget focuses on macro economic growth, energy transition, promoting digital economy, climate action, tech enabled development, crowding in private investment. Here are the highlights of the budget. Key Highlights Digital Rupee is to be issued using block chain technologies ..

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