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What potential challenge is associated with the implementation of Central Bank Digital Currency (CBDC)?a)Increased privacy concernsb)Decreased digital literacyc)Reduced cybersecurity risksd)Enhanced regulatory clarityCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What potential challenge is associated with the implementation of Central Bank Digital Currency (CBDC)?a)Increased privacy concernsb)Decreased digital literacyc)Reduced cybersecurity risksd)Enhanced regulatory clarityCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What potential challenge is associated with the implementation of Central Bank Digital Currency (CBDC)?a)Increased privacy concernsb)Decreased digital literacyc)Reduced cybersecurity risksd)Enhanced regulatory clarityCorrect answer is option 'B'. Can you explain this answer?.

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