Q923
Which of the following statements is incorrect regarding digital and virtual currencies?
A.
Digital currency is recognized by the Reserve Bank of India, but virtual currency is not recognized by it
B.
Digital currency can be used as such across the world, but virtual currencies can be used within particular geographies
AnswerC.
Digital currencies are issued by central banks, whereas virtual currencies are issued electronically
D.
None of the above
Answer: Option B
Solution
Answer: Option B
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