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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: • Payment Enablers (25%) • Demand-side Factors (10%) • Supply-side Factors (10%) • Payment Performance (45%) — highest weight • 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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