GK Question

technology medium mcq

Which CBDC design enables offline transactions for financial inclusion?

  1. Token-based
  2. Account-based
  3. Hybrid
  4. All of these

Answer: Hybrid

Hybrid CBDC design combines online (account-based) and offline (token-based) capabilities. Offline mode uses secure hardware for transactions without internet. Critical for rural inclusion and disaster resilience.

Topic Digital Currencies
Exam Relevance Banking, UPSC, SSC