Jan 17, 2014

Q.1205

"Bitcoin" is a digital currency that has taken the world of business and economy by storm in the last few years. Given that, central banks and other financial regulators have been taking a close look at various issues related to this and other currencies, which is why India has yet to formally approve their use in the Indian financial system.

This has also meant that India's first digital currency is also waiting for approval. What is the name of this currency, which cleverly replaces 'bit' by a guest Indians would like to invite home and not complain if they overstay?

[+ Show Answer]

This day last year: Q.840

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