Answer-What does the RBI’s Digital Payments Index (DPI) measure, and what trajectory did it follow du...

The RBI-DPI was created to effectively track the extent of payment digitization across India. Reflecting an aggressive shift toward digital adoption, the index climbed from 153.47 in March 2019 to 445.50 over the tracking period.

Question

What does the RBI’s Digital Payments Index (DP

I measure, and what trajectory did it follow during the baseline retrospect period?

A It measures total corporate equity investment value; it fell from 445.50 to 153.47.

B It captures the growth of physical bank branch networks; it remained stagnant at 100.

C It measures the depth of digitalization in payments across the country; it rose sharply from 153.47 in March 2019 to 445.50.

D It tracks real estate asset valuation in urban centers; it rose linearly by exactly 5% per annum.

E It evaluates sovereign credit default swap ratings; it fluctuated wildly with no clear trend.

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What does the RBI’s Digital Payments Index (DP

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