Digital currency and fintech — UPSC Prelims PYQs
12 questions in this bank come from Digital currency and fintech, spanning UPSC Prelims papers from 2016 to 2026. Every question here carries all four options, the correct answer and a full explanation.
It has appeared in 6 of the last 16 papers, most heavily in 2026 with 6 questions. That makes it an occasional area rather than a fixture.
The themes examined most often within it are digital currency and balance sheet (4), Financial Technologies and Digital Assets (4), Digital commerce initiatives in India (3), Financing and Payments in the Digital Economy (3) and Broader implications of monetary policy (1). Those counts are of questions in which the theme is examined, not merely mentioned.
Questions here are spread across Economy (11) and Science & Technology (1). Between them they draw on 7 distinct themes, so this is a broader area than a single revision note can cover. That is 0.8% of the 1433 questions in the bank — useful for deciding how much revision time it deserves.
It has come up more often lately — roughly 2.0 questions a year across the last five papers, against 0.3 before that.
It was not examined in 10 of those papers. Each question below links to its full explanation and to related questions on the same theme from other years, so a weak area can be worked through in one pass rather than hunted for paper by paper.
UPSC Prelims 20266 questions
- Economy
Which of the following statements about Real-World Assets (RWA) Tokenization are correct? 1. Tokenization is the process of turning real world assets into digital tokens using blockchain technology. 2. Tokenization of real world assets offers 24 x 7 access, promoting financial inclusion. 3. Tokenization of real world assets will allow the access to high growth investment opportunities for individuals in India. Select the answer using the code given below:
- Economy
Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct? 1. M1xchange provides collateral based loans to MSMEs. 2. M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs. 3. M1xchange functions as a credit rating agency for MSMEs. Select the answer using the code given below:
- Economy
Which one of the following best describes the key objective of India's 'Open Network for Digital Commerce' (ONDC) initiative?
- Economy
Which of the following statements about Crowdfunding is/are correct? 1. Crowdfunding is solicitation of funds (small amount) from multiple investors through a web-based platform or social networking site for a specific project. 2. Small and Medium Enterprises (SMEs) are able to raise funds at lower cost of capital without undergoing rigorous procedures. Select the answer using the code given below:
- Economy
Which one of the following statements about Unified Payments Interface (UPI) and Central Bank Digital Currency (Digital Rupee) is not correct?
- Economy
An e-commerce revenue model where the seller has control over pricing but doesn't keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called:
UPSC Prelims 20251 question
UPSC Prelims 20241 question
UPSC Prelims 20232 questions
- Economy
With reference to Central Bank digital currencies, consider the following statements: 1. It is possible to make payments in a digital currency without using the US dollar or SWIFT system. 2. A digital currency can be distributed with a condition programmed into it such as a time- frame for spending it. Which of the statements given above is/are correct?
- Economy
Consider the investments in the following assets: 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients How many of the above are considered intangible investments?