RBI digital currency Flashcards

1
Q

Technology used to secure digital transactions

A

Blockchain

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2
Q

Which country became the first to launch a nationwide CBDC called Sand dollar

A

The Bahamas

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3
Q

Major economy to pilot a digital currency called e-CNY in April 2020

A

China

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4
Q

first country to adopt bitcoin as legal tender

A

El Salvador

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5
Q

second country to adopt bitcoin as legal tender

A

The central african republic

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6
Q

Total how many countries accepted Bitcoin as legal tender

A

only 2

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7
Q

Is bitcoin legal in India

A

Yes, it is legal

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8
Q

When was Reserve Bank of Ind. estd

A

April 1, 1935

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9
Q

First RBI governer

A

Sir Osborne Smith

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10
Q

First Indian RBI governer

A

Chintaman Dwarkanath Deshmukh

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11
Q

When was RBI fully owned by the government

A

1949

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