GK Question

technology hard mcq

Which CBDC feature enables programmable subsidies with usage restrictions?

  1. Smart Contracts
  2. Time-Locked Tokens
  3. Geofenced Spending
  4. All of these

Answer: All of these

Programmable CBDC enables conditional payments: subsidies usable only for specific goods/services, time-bound benefits, location-restricted spending. Balances policy objectives with user autonomy and privacy.

Topic CBDC
Exam Relevance Banking, UPSC, SSC