CBDC Full Form In English
CBDC stands for Central Bank Digital Currency, which is a digital form of money issued and regulated by a country’s central bank. Unlike cryptocurrencies such as Bitcoin, CBDC is a legal tender and is backed by the government. It is designed to combine the convenience and security of digital payments with the regulated, reserve-backed money circulation of traditional banking. Many countries, including India, are exploring or launching their own CBDCs to modernize financial systems and reduce the dependency on physical cash.
CBDC Full Form In Hindi
CBDC का पूरा नाम सेंट्रल बैंक डिजिटल करेंसी है। यह एक डिजिटल मुद्रा है जिसे किसी देश का केंद्रीय बैंक जारी करता है और नियंत्रित करता है। यह मुद्रा कानूनी मान्यता प्राप्त (Legal Tender) होती है और सरकार द्वारा समर्थित होती है। इसका उद्देश्य डिजिटल भुगतान की सुविधा और सुरक्षा को पारंपरिक बैंकिंग प्रणाली की स्थिरता के साथ जोड़ना है। भारत सहित कई देश अपनी डिजिटल मुद्रा पर काम कर रहे हैं ताकि अर्थव्यवस्था को आधुनिक बनाया जा सके और नकद पर निर्भरता कम हो।
Read More: BSE Full Form In English And Hindi
Frequently Asked Questions
What is the full form of CBDC?
The full form of CBDC is Central Bank Digital Currency.
Is CBDC the same as cryptocurrency?
No, CBDC is government-backed and regulated by the central bank, while cryptocurrencies are decentralized and not officially controlled by any authority.
Who issues CBDC in India?
The Reserve Bank of India (RBI) issues the Digital Rupee, India’s CBDC.
What is the main benefit of CBDC?
It provides a safe, efficient, and digital alternative to cash while maintaining government control over currency.
Is CBDC legal tender?
Yes, CBDC is an official and legal form of currency in the countries that issue it.
Conclusion
CBDC represents the future of money, blending digital technology with the authority of the central bank. It can revolutionize the payment system, promote transparency, and strengthen the economy. As technology advances, more countries are adopting or experimenting with CBDCs to stay ahead in the global financial landscape.
