Q. With reference to e-rupee recently proposed by the RBI consider the following statements:
1. There will be two types of e-rupee where wholesale will be for interbank settlement and retail for the public.
2. It will be issued and distributed by the RBI.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

The RBI has come up with the proposal of the e-rupee that will soon by launched. There will be two types of e-rupee where wholesale is for interbank settlement and retail is for the public.

Statement 2 is incorrect. E-rupee will be issued by the RBI but distributed by the commercial banks. Source: https://timesofindia.indiatimes.com/business/india-business/all-you-need-to-know-about-indias-soon-to-be-launched-e-rupee/articleshow/94755651.cms

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