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    Question

    What caused the significant 7% drop in UPI transaction

    volume in November 2024?
    A Increased fraud concerns Correct Answer Incorrect Answer
    B A festive season high in October 2024 Correct Answer Incorrect Answer
    C Decline in consumer spending Correct Answer Incorrect Answer
    D RBI restrictions on UPI limits Correct Answer Incorrect Answer
    E Transition to new digital payment methods Correct Answer Incorrect Answer

    Solution

    UPI transactions dropped after achieving a record high during the festive season in October 2024.

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