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      Question

      Which parameter has the highest weight in the RBI

      Digital Payments Index calculation?
      A Payment Enablers Correct Answer Incorrect Answer
      B Demand-side Factors Correct Answer Incorrect Answer
      C Supply-side Factors Correct Answer Incorrect Answer
      D Payment Performance Correct Answer Incorrect Answer
      E Consumer Centricity Correct Answer Incorrect Answer

      Solution

      The RBI Digital Payments Index uses five weighted parameters: β€’ Payment Enablers (25%) β€’ Demand-side Factors (10%) β€’ Supply-side Factors (10%) β€’ Payment Performance (45%) β€” highest weight β€’ Consumer Centricity (5%) This heavy weighting for Payment Performance reflects the emphasis on actual usage, speed, and reliability of digital payment systems in measuring progress.

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