{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2025-09-18T03:14:31.118Z","dateModified":"2026-02-18T11:39:31.676Z","typicalAgeRange":"11-18","educationalLevel":"CUET (PG)","assesses":"Commerce - Commerce","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Commerce"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Commerce"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (PG)"}],"name":"Quiz about Commerce","about":{"@type":"Thing","name":"Commerce - Commerce"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Commerce","text":"The conversion rate between the physical rupee and the digital rupee is determined by which of the following in India?}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"RBI is the central authority for all currency management in India."},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

National Payment Corporation of India

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

Ministry of Finance

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

Reserve Bank of India

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

Market forces (Demand and Supply)

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

Reserve Bank of India

","comment":{"@type":"Comment","text":"RBI is the central authority for all currency management in India."},"answerExplanation":{"@type":"comment","text":"To maintain currency system stability, the Reserve Bank of India sets the digital rupee's exchange rate."}}}]}

The conversion rate between the physical rupee and the digital rupee is determined by which of the following in India?

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The Correct Option is C

Solution and Explanation

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