Potential benefits of CBDC may include:Group of answer choiceslower cost of issuance than paper moneyincrease transaction speedmore accessible than traditional banksmakes money cheaper

A potential benefit of CBDC for India could be:Select one:a. Reduced government control over the money supplyb. Increased dependence on private banks for financial servicesc. Improved financial inclusion for unbanked populationsd. Greater anonymity for individuals making transactions

The benefits of CBDCs include:Group of answer choicesAll available answers.24/7 availability.Wider access to legal tender.Helicopter money.

According to one definition of CBDC, it provides:Group of answer choiceslower functionality.greater access to money.an interest on savings.all available answers.

Unlike fiat currency, CBDC transactions are likely to be:Select one:a. Subject to higher transaction feesb. More prone to counterfeitingc. Easier to physically transport across bordersd. Recorded on a private or permissioned blockchain ledger

There is an interest in CBDCs because:Group of answer choicesThere are many people who are unbanked.Governments fear the rise of privately issued crypto currencies.There is a decrease in the use of cash in many countries.All available answers.