Summary
They talked about protecting computers from bad hackers.
They want new digital money tools to help people.
They asked to give back lost bank money to the right owners.
Key Points
4 points1
Finance Minister Nirmala Sitharaman chaired the 30th meeting of the Financial Stability and Development Council.
2
The council checked how safe the country's money system is and how to stop computer attacks.
3
They discussed new technology for digital money and ways to return unclaimed bank money.
4
Officials from the country's main bank and many departments took part.
New Words to Learn
8 wordsFinancial
about money and how it is used
Stability
being steady and not shaking
Development
making things better
Cybersecurity
protecting computers and data from bad people
Tokenisation
changing real things like money into digital codes
Regulators
people who make sure rules are followed
Resilience
being able to bounce back after problems
Infrastructure
the basic systems and tools that help a country work
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