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

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

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.

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

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

CBDC may have the following features:Group of answer choicesissued by the central bankcan be wholesale or retailAll available answerscan be transferred peer to peer or through an intermediar