Question
Which organisation reported a 12.6% year-on-year growth
in the Digital Payments Index (RBI-DPI) at the end of March 2024?Solution
The Reserve Bank of India (RBI) reported that its Digital Payments Index (RBI-DPI) rose to 445.5 at the end of March 2024, marking a 12.6% increase from the previous year. Launched in January 2021 with March 2018 as its base year, the RBI-DPI is a comprehensive measure designed to gauge the extent of digitization of payments across the country. The index reflects a sustained upward trend in digital payment adoption, indicating a growing preference for electronic transactions among Indian consumers.
Column (1)
Column (1)
In the following questions, two columns are given, containing three phrases each. A phrase from the first column may or may not connect with a phrase f...
Column (1)
- In the following question, two columns are given containing three sentences/phrases each. In the first column, sentences/phrases are A, B, and C; in the se...
In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...
Column (1)
Directions: Match the words in Column A with their meanings in Column B, and choose the correct combination from the options given below:
...Relevant for Exams: