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    Question

    Digital payments accounted for what percentage of

    India’s total payment value during FY 2024–25? 
    A 94.2% Correct Answer Incorrect Answer
    B 95.8% Correct Answer Incorrect Answer
    C 96.9% Correct Answer Incorrect Answer
    D 97.6% Correct Answer Incorrect Answer
    E 98.4% Correct Answer Incorrect Answer

    Solution

    As per the RBI’s Trend and Progress of Banking in India report, digital payments formed 97.6% of total payment value in FY 2024–25, reflecting India’s rapid shift away from paper-based instruments toward digital modes. 

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