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What is the primary benefit of Central Bank Digital Currency (CBDC) in terms of currency management?a)CBDC reduces digital literacy requirements.b)CBDC eliminates the need for digital payments.c)CBDC reduces the cost of physical currency management.d)CBDC requires additional currency printing.Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the primary benefit of Central Bank Digital Currency (CBDC) in terms of currency management?a)CBDC reduces digital literacy requirements.b)CBDC eliminates the need for digital payments.c)CBDC reduces the cost of physical currency management.d)CBDC requires additional currency printing.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary benefit of Central Bank Digital Currency (CBDC) in terms of currency management?a)CBDC reduces digital literacy requirements.b)CBDC eliminates the need for digital payments.c)CBDC reduces the cost of physical currency management.d)CBDC requires additional currency printing.Correct answer is option 'C'. Can you explain this answer?.

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