A STUDY ON INDIVIDUALS PERCEPTION TOWARDS CENTRAL BANK DIGITAL CURRENCY

Abstract

The Reserve Bank of India (RBI) has been tasked with maintaining monetary and financial stability and promoting broad access to safe and efficient payments. This is achieved through providing central bank money, which is the safest form of money to banks, businesses, and the public. The history of the money goes back thousands of years, from bartering to metal coins and eventually paper money. Money is a form of money that is issued exclusively by the sovereign and is legal tender. It is a liability of the issuing central bank and an asset of the holding public.