Question

Which of the following statements is/are correct regarding India's retail digital payment and e-commerce market? 1. India's retail digital payments are projected to double to 7 trillion dollars by 2030, according to a joint study by Kerney and Amazon Pay. 2. UPI transactions, introduced in 2016, saw a 138% growth from 2018 to 2024. 3. Cards and digital wallet transactions account for 46% of the digital transaction value in India.

A Only statement 1 is correct.
B Only statement 2 is correct.
C Only statements 1 and 2 are correct.
D Only statements 2 and 3 are correct.
E All statements are correct.
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