GK Question

technology medium mcq

Which CBDC design enables offline transactions with fraud prevention?

  1. Secure Element Hardware
  2. Transaction Limits
  3. Both A and B
  4. Neither

Answer: Both A and B

Offline CBDC security: secure hardware (SE/TEE) prevents tampering; transaction limits minimize loss exposure; delayed synchronization enables fraud detection. Critical for inclusive yet secure design.

Topic CBDC
Exam Relevance Banking, UPSC, SSC