Answer-The Reserve Bank of India’s Digital Payments Index (RBI-DPI) is constructed to capture the extent of...

The RBI-DPI comprises five broad parameters with different weights assigned to measure deepening of digital payments. Among these, Payment Performance carries the highest weight at 45 percent, followed by Payment Enablers 25 percent, Payment Infrastructure on the Supply-side 15 percent, Payment Infrastructure on the Demand-side 10 percent, and Consumer Centricity 5 percent.

Question

The Reserve Bank of India’s Digital Payments Index (RBI-DP

I is constructed to capture the extent of digitization of payments across the country. Which of the following parameters carries the highest weight in the construction of this index?

A Payment Enablers

B Payment Infrastructure (Demand-side factors)

C Payment Performance

D Consumer Centricity

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