GK Question

technology medium mcq

Which CBDC feature enables automatic compliance with foreign exchange regulations?

  1. Programmable Rules
  2. Smart Contracts
  3. Both A and B
  4. Neither

Answer: Both A and B

Programmable CBDC can embed FX rules: transaction limits, reporting thresholds, approval workflows. Enhances regulatory compliance while reducing manual processing overhead.

Topic Digital Currencies
Exam Relevance Banking, UPSC, SSC