Which digital currency is used in the CBDC-based DBT system of PMGKAY?
- AUPI
- BDigital Rupee (e₹)
- CBitcoin
- DDigital Dollar
Correct Answer: B
The Central Government has initiated a CBDC-based DBT scheme under PMGKAY, wherein food grains can be purchased only at authorized shops/FPS using programmable tokens of the RBI's Digital Rupee (e₹). This could foster transparency, traceability, and leakage control within the PDS; however, challenges such as the digital divide, cybersecurity, privacy, and connectivity persist.
This question is part of 17 August 2026 Current Affairs Quiz | Daily GK MCQs Online Test.
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