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4 priorities of Budget 2022: @UPSCPRELIMSZONE
 PM GatiShakti
 Inclusive Development
 Productivity Enhancement & Investment, Sunrise
Opportunities, Energy Transition, and Climate Action
 Financing of Investments
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Cryptocurrency: A digital currency that is secured by cryptography and used as a medium of exchange within a peer-to-peer (P2P) digital economic system. Cryptographic techniques ensures that these systems are completely immune to fraud and counterfeiting.
The first cryptocurrency to be ever created was Bitcoin, introduced by pseudonymous developer Satoshi Nakamoto, in 2009
@civilservicesBaba
Green Bonds : is a debt security issued by an organization for the purpose of financing or refinancing projects that contribute positively to the environment and/or climate. A green bond is alternatively known as a climate bond @civilservicesBaba
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🔴 What is a Central Bank Digital Currency (CBDC) ?

👉CBDC is a legal tender issued by a central bank in a digital form.

👉 It is similar to a fiat currency issued in paper and is interchangeable with any other fiat currency

🔴 What is the need for CBDC?

👉 the goal is to provide users with convenience and security of digital as well as the regulated, reserve-backed circulation of the traditional banking system.

🔴 What does this change for citizens?

👉 There are several models proposed by technology experts and evangelists on how the Digital Rupee could be transacted but a formal announcement by the Reserve Bank of India will likely detail how the Digital Rupee will be transacted by citizens.

♦️One chief difference will be that a Digital Rupee transaction will be instantaneous as opposed to the current digital payment experience.

@UPSCMainsZone
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Question: The 42nd Amendment Act of 1976 is often referred to as the "Mini-Constitution" of India. Which of the following was a major change introduced by this amendment?

A. Inclusion of the words "Socialist" and "Secular" in the Preamble 👍
B. Abolition of the Rajya Sabha 🙏
C. Introduction of the Goods and Services Tax (GST) ❤️
D. Legalization of dual citizenship 😂
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