Artharck 2023 Eco Quiz

 What is a Digital Rupee?

• Cryptocurrency

• Digital form of legal tender 

• Bonds

• SIP

What is the full form of CBDC?

•  Central Bank Digital Currency

• Chronic Blistering Dermatosis of Childhood

• Central Book of Digital Currency

• Central Bank of Deposit Currency

What is the prime feature of Digital Currency?

• Wholesale transactions 

• Cross-border payments

• Lower transaction cost

• All of the above

 Generally, MSME contributes to _________ % exports from India.

• 20%

• 25%

• 30%

• 40%

What will be the orientation of Digital Currency?

• Bitcoin Process

• Bond Clearance

• Ethereum

• Blockchain Technology

Which of the following bank is primarily focusing on the development of the MSME (Micro, Small and Medium Enterprises) Sector?

• Reserve Bank of India

• National Bank for Agriculture and Rural Development

• State Bank of India

• Small Industries Development Bank of India

How many banks were part of the Digital Rupee Pilot Test Program?

• 5

• 7

• 8

• 9

What are the benefits of using digital currency rather than physical currency?

•  It is cheaper and faster.

•  It is faster and boundless.

• It is cheaper and boundless.

•  It is safer and faster.

Who can invest in digital money?

• Investors 

• Secondary market transactions in Government Securities

• Wholesale & Retail Customers

• All of the above

What is meant by G-sec?

• Tradable instrument of Government 

• Form of bonds

• Treasury Bills

• Notes