With reference to Central Bank digital currencies, consider the following statements:1.It is possible to make payments in a digital currency without using US dollar or SWIFT system.2.A digital currency can be distributed with a condition programmed into it such as a time-fame for spending it.Which of the statements given above is/are correct?

1. A

   1 Only

   1 only. Programmable expiry is also a CBDC design option.

2. B

   2 Only

   2 only. Cross-border CBDC can bypass dollar/SWIFT rails.

3. C

   Both 1 and 2

   Both. Payments without USD/SWIFT, and programmable conditions such as a spending window.

4. D

   Neither 1 nor 2

   Neither. Both are standard CBDC talking points.

Summary. Official key is (c) both. A central-bank digital currency can settle without using the US dollar or SWIFT. It can also carry programmed conditions (a time window, a merchant category). Both statements hold.