The Reserve Bank of India (RBI) has announced its plans to launch the first pilot for its digital rupee on December 1, 2020. This pilot is an important step towards the launch of Central Bank Digital Currency (CBDC) coins. This move is expected to bring more transparency and efficiency to the Indian economy. The digital rupee will be used for small transactions and will be backed by the Indian rupee. The RBI has said that it will closely monitor the progress of this pilot before rolling out the digital rupee to the public. Stay tuned to learn more about this important development in the Indian economy!

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