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    Question

    According to the latest UPI data from the National

    Payments Corporation of India (NPCI), the peer-to-merchant (P2M) UPI transactions saw 119 per cent growth in February 2023 to _________.
    A Rs.450.22 crore Correct Answer Incorrect Answer
    B Rs.415.32 crore Correct Answer Incorrect Answer
    C Rs.367.99 crore Correct Answer Incorrect Answer
    D Rs.350.12 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to the latest UPI data from the National Payments Corporation of India (NPCI), the peer-to-merchant (P2M) UPI transactions saw 119 per cent growth in February 2023 to 415.32 crore from 189.58 crores in February 2022.┬а┬а The value of transactions also increased by 71.1 per cent from Rs 1.63 lakh crore in February 2022 to Rs 2.79 lakh crore in February 2023.┬а P2M transactions had a 55.12 per cent share in total UPI volume of 753.4 crore transactions in February compared to 338.1 crore peer-to-peer (P2P) transactions with a 44.8 per cent share.

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