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      Question

      What significant milestone did India achieve in digital

      payments according to the RBI-DPI in March 2025? 
      A Doubled QR code users from the previous year Correct Answer Incorrect Answer
      B Introduced blockchain-based UPI Correct Answer Incorrect Answer
      C RBI Digital Payments Index rose to 493.22 Correct Answer Incorrect Answer
      D First country to use facial recognition for all digital payments Correct Answer Incorrect Answer
      E Mandatory digital-only banking in Tier-3 cities Correct Answer Incorrect Answer

      Solution

      The RBI-DPI, which measures the extent of digitization in payments, increased to 493.22 in March 2025, showing over fourfold growth since its base year (2018 = 100). This highlights the success of UPI and digital initiatives in financial inclusion. 

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