Question
Which parameter has the highest weight in the RBI
Digital Payments Index calculation?Solution
The RBI Digital Payments Index uses five weighted parameters: ā¢ Payment Enablers (25%) ā¢ Demand-side Factors (10%) ā¢ Supply-side Factors (10%) ā¢ Payment Performance (45%) ā highest weight ā¢ 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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