Question
The Reserve Bank of India’s Digital Payments Index
(RBI-DPI) 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?Solution
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).
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