Q. Consider the following statements:
1.The National Strategy on Blockchain (2021) aims to promote e-governance services and state-specific blockchain applications.
2.NBFLite is a blockchain sandbox platform developed by the RBI to facilitate international crypto-trading for startups.
3.Under the Digital India initiative, the Union Government has recognized blockchain as a key emerging technology.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 1 and 3 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: B
Notes:

Explanation:

  • Statement 1 is correct: The strategy focuses on using blockchain for transparency in government services.
  • Statement 2 is incorrect: NBFLite was developed by the Ministry of Electronics & IT (MeitY), not RBI, and it is for capacity building and research, not crypto-trading.
  • Statement 3 is correct: MeitY promotes blockchain for a secure and unified digital ecosystem.
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