what is India's digital currency?
These days nearly 60% of the countries are planning to test the infrastructure of digital currency for their countries.Many of the countries has started the trial such as, Sweden, launched its digital currency 'Krona'. इस आर्टिकल को हिंदी में पढ़ने के लिए यहां क्लिक करें In her budget speech on 1st of February 2022,our finance minister, Mrs Nirmala Sitharaman, has announced that India is going to launch its 'Central Bank digital currency' (CBDC). Now, most of you are confuse!! In this article,you will read about: * what is CBDC? * for what cbdc will be used? *when will it come to the market? *what are benefits of using cbdc? *what are risk associated with cbdc? * does it will replace the physical currency? What is CBDC? The full form of cbdc is 'central bank digital currency'. it is basically a digital token or electric record of country's official currency. It is just the digital form of Fiat money. What are functions of central bank digital