Under the Central Bank Digital Currency (CBDC) framework launched by the Reserve Bank of India (RBI), how much minimum balance is required to be maintained in a CBDC wallet used for digital transactions similar to cash?​

Correct option is D

No minimum balance is required in a CBDC wallet. Unlike traditional bank accounts, a CBDC wallet functions as a digital equivalent of physical cash, enabling users to hold and transact digital rupees (e₹) directly issued by the RBI.

Key features of CBDC Wallets include:

• Issued by: Reserve Bank of India (RBI) under the Digital Rupee Pilot Programme.

• Nature: Legal tender in digital form, interchangeable with banknotes.

• Usage: Peer-to-peer (P2P) and peer-to-merchant (P2M) transactions.

• No bank dependency: Operates independently of traditional savings/current accounts.

• Security: Enabled through RBI-authorized mobile apps ensuring secure digital payments.