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      Question

      What was the share of UPI in India's total digital

      payments in 2024?
      A 60% Correct Answer Incorrect Answer
      B 75% Correct Answer Incorrect Answer
      C 83% Correct Answer Incorrect Answer
      D 90% Correct Answer Incorrect Answer
      E 95% Correct Answer Incorrect Answer

      Solution

      According to the RBI's payment system report, UPI's share in India's digital payments surged to 83% in 2024, a significant rise from 34% in 2019. This growth was driven by real-time payment adoption, reducing reliance on other payment methods like NEFT, RTGS, IMPS, and card-based transactions, which collectively declined to 17%.

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