GK Question

technology medium mcq

Which CBDC design choice impacts monetary policy transmission?

  1. Remuneration Rate
  2. Holding Limits
  3. Interoperability
  4. All of these

Answer: All of these

CBDC design affects monetary policy: remuneration influences deposit rates, holding limits prevent bank disintermediation, interoperability affects payment system dynamics. Critical for central bank digital currency planning.

Topic Digital Currencies
Exam Relevance Banking, UPSC, SSC