What is the name of the proposed crypto currency planned by Reliance Jio Infocomm Limited?

Introduction / Context:
With the rise of blockchain technology and digital assets, several companies around the world have explored launching their own crypto currencies or tokens. Reliance Jio Infocomm Limited, a major Indian telecommunications company, was reported to be considering a digital currency plan, and the proposed name of this crypto currency quickly entered current affairs question banks.

Given Data / Assumptions:

- The question asks specifically about the name of the crypto currency planned by Reliance Jio Infocomm Limited. - The options include Jiocoin, Recoin, Relcoin and Jioblock. - We assume familiarity with news reports about Jio interest in blockchain and digital tokens. - The focus is on the proposed brand name, not on technical details of the currency.

Concept / Approach:
Media reports indicated that Reliance Jio was exploring a crypto currency project informally referred to as Jiocoin. The name combines the Jio brand with the generic term coin used for many digital currencies. Question banks and current affairs compilations picked up this label and formed multiple choice questions asking what Jio planned to call its proposed crypto currency. In these questions, Jiocoin is consistently presented as the correct answer.

Step-by-Step Solution:
Step 1: Recall that Reliance Jio projects often use the Jio prefix followed by a descriptive term, such as JioPhone and JioFiber. Step 2: Remember reading news about Jio experimenting with a digital token called Jiocoin. Step 3: Among the options, Jiocoin clearly follows the branding pattern most closely and matches reported names. Step 4: Recoin and Relcoin might look plausible but have not been associated with Jio in mainstream news. Step 5: Jioblock refers more to blockchain branding and does not correspond to the specific proposed currency name, so choose Jiocoin.

Verification / Alternative check:
Technology and business news articles summarising Reliance Jio experiments in blockchain often mention the term Jiocoin when referring to its planned digital currency initiative. Current affairs booklets and online quizzes convert these stories into fact based questions whose answers explicitly state Jiocoin. Although the regulatory status of crypto currencies remains complex, the name used in those reports is clearly Jiocoin, not the other options listed here.

Why Other Options Are Wrong:
Recoin is a generic sounding name and has not been widely cited as the title of a Jio specific crypto currency project. Relcoin might suggest Reliance coin but this is not the name that appeared in major news coverage of Jio digital currency plans. Jioblock could describe a blockchain platform but it is not the term reported as the name of the proposed Jio crypto currency.

Common Pitfalls:
Candidates who do not remember the exact name may attempt to guess by combining Reliance and coin, leading them to choose Relcoin, or by combining Jio and block, leading to Jioblock. These distractors are deliberately designed to look plausible. To avoid being misled, it is important to revise the actual brand names used in technology news stories and to pay attention to which combinations have been officially or widely reported.

Final Answer:
The proposed crypto currency planned by Reliance Jio Infocomm Limited has been referred to as Jiocoin.