Indian Economy for UPSC | Evolution of Money, Legal Tender, UPI vs CBDC, Card Tokenisation | Lec 09

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Indian Economy for UPSC | Evolution of Money, Legal Tender, UPI vs CBDC, Card Tokenisation | Lec 09

In this comprehensive lecture on the Indian Economy for UPSC, we dive deep into the evolution of money, exploring key concepts like legal tender, UPI, CBDC (Central Bank Digital Currency), and card tokenisation. Understand how India's monetary system has transformed from traditional cash transactions to digital payments like UPI and the upcoming Digital Rupee (CBDC). We also discuss the RBI’s role in currency regulation, the difference between physical and digital money, and the security benefits of card tokenisation. Whether you're a UPSC aspirant or curious about India's financial system, this video will provide valuable insights into modern economic trends. Don’t forget to like, share, and subscribe for more in-depth lessons on Indian economy and UPSC preparation!

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