With reference to Worldcoin Project, consider the following statements:1.The project is proposed by the countries in Global South with the aim to develop a common digital currency which can be used for cross border transaction amongst the member countries.2.It also aims to establish a digital network that enables universal participation, allowing everyone to have a share and participate in the digital economy.Select the correct statements using the codes given below:

Q. With reference to Worldcoin Project, consider the following statements:
1.The project is proposed by the countries in Global South with the aim to develop a common digital currency which can be used for cross border transaction amongst the member countries.
2.It also aims to establish a digital network that enables universal participation, allowing everyone to have a share and participate in the digital economy.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B

Notes:

Explanation –

Statement 1 is incorrect. Worldcoin is an iris biometric cryptocurrency project developed by Tools for Humanity.

Statement 2 is correct. It aims to establish a digital network that enables universal participation, allowing everyone to have a share and participate in the digital economy.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS