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Consultancy firm BCG and leading third-party UPI services provider Phonepe have come out with a report, called 'Digital payments in India: A $10 trillion opportunity'. According to the report, digital payments in India will reach $10 trillion in value by 2026 from $3 trillion now, forecasting that cash will increasingly be used less. Non-cash payments using modes like UPI will account for 65 per cent of all the transactions by 2026 against the 40 per cent level estimated at present. Digital payments (non-cash) will constitute two out of three payment transactions by 2026.
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which of the following defines ambient standards in an environmental policy
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
Which branch of economics deals with the study of the economic activities of individual units?
Which of the following defines ambient standards in an environmental policy
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Which of the following applies to the physical linkage approach for the valuation of environmental benefits
Which of the following statements is INCORRECT about the Finance Commission?
Jammu and Kashmir FRBM Act, 2006 has been passed as per the recommendation of_______.