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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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