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the conversion rate between the physical rupee and
Question:
The conversion rate between the physical rupee and the digital rupee is determined by which of the following in India?
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RBI is the central authority for all currency management in India.
CUET (PG) - 2025
CUET (PG)
Updated On:
Jan 17, 2026
National Payment Corporation of India
Ministry of Finance
Reserve Bank of India
Market forces (Demand and Supply)
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The Correct Option is
C
Solution and Explanation
The Reserve Bank of India determines the conversion rate of digital rupee to ensure stability in the currency system.
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