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Module: General Practice

Q59: What does Project Mandala, an initiative by the BIS Innovation Hub, assess?

A
The feasibility of embedding jurisdiction-specific regulatory requirements into a common protocol
B
The use of network analytics to detect financial crime in real time
C
How tokenisation can improve wholesale payments
D
Instant payments with modular FX and tokenised wholesale central bank money
✅ Correct Answer: A
Project Mandala assesses the feasibility of embedding jurisdiction-specific regulatory requirements directly into a common protocol.
This aims to automate compliance and simplify cross-border payments, a trend discussed in the RBI's Payment Systems Report - June 2025.
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