Topic Details (Notes format)

Crypto Assets and Regulation in India

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

India debates how to handle private cryptocurrencies given concerns about financial stability, investor protection, and illicit transactions. Proposals range from a ban to a regulated framework. RBI warns about macro risks, while blockchain enthusiasts highlight innovation potential. Students can analyze how global precedents—like the US or EU—shape India’s stance, balancing technological growth with systemic safeguards.

Practice Questions

What does the term “capital account” refer to in the balance of payments?

Which of the following is an example of a renewable resource?

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What is the main aim of the “Startup India” initiative?

Which of the following is NOT part of the World Bank Group?

What is the primary role of the Securities and Exchange Board of India (SEBI)?

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Which of the following is a feature of a command economy?

What is the main objective of disinvestment in public sector undertakings (PSUs)?

What is the meaning of "fiscal deficit"?