Which One is Right: CBDCs vs UPI

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Pros and Cons of CBDC?

Pros 1. Improved financial inclusion 2. Strengthened monetary policy 3. Streamlined tax collection

Cons 1. Privacy concerns 2. Potential for financial disintermediation 3. Need for infrastructure and technological investment

Pros and Cons of UPI Payments

Pros 1. Instantaneous 2. User-friendly 3. Cost-effective

Cons 1.Limited Acceptance 2. Security concerns 3. Technical issues

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