Module: General Practice
Q95: Consider the following statements regarding the "Wholesale CBDC" (e₹-W) pilots conducted by the RBI as of 2026:
The e₹-W pilot is primarily used for the settlement of secondary market transactions in Government Securities (G-Secs).
The "Call Money Market" settlement was added as a use case in the e₹-W pilot.
Retail users can access e₹-W for high-value transactions above ₹2 Lakh.
Which of the statements given above is/are correct?
The "Call Money Market" settlement was added as a use case in the e₹-W pilot.
Retail users can access e₹-W for high-value transactions above ₹2 Lakh.
Which of the statements given above is/are correct?
✅ Correct Answer: B
🎯 Quick Answer:
Statements 1 and 2 are correct. Statement 3 is incorrect.Timeline: Statement 1 (Correct): The pilot launched in November 2022 focused on the settlement of G-Sec Secondary Market transactions.
Statement 2 (Correct): In late 2023 and continuing into 2024, the pilot was expanded to include the Call Money Market (Inter-bank borrowing and lending). Statement 3 (False): e₹-W is strictly for "Restricted Access" (Banks and Financial Institutions). Retail users, regardless of transaction size, interact only with e₹-R (Retail).