Question
Which of the following is NOT one of the parameters used
to measure the deepening and penetration of digital payments in India as per the RBI-DPI?Solution
The RBI-DPI comprises 5 broad parameters that enable measurement of deepening and penetration of digital payments in the country over different time periods. 5 Parameters: Payment Enablers (weight 25%), Payment Infrastructure – Demand-side factors (10%), Payment Infrastructure – Supply-side factors (15%), Payment Performance (45%) and Consumer Centricity (5%).
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Consider the following statement about Sovereign Gold Bond (SGB) Scheme?
I. Sovereign Gold Bond (SGB) Scheme was launched by Ministry of Fina...
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