Q. Which institution releases the ‘Digital Payments Index’?
Answer:
RBI
Notes: Reserve Bank of India (RBI) releases the Digital Payments Index (RBI-DPI) twice a year, to measure the adoption of online transactions, digital payments across India.
As per the recent data, the digital payments registered a growth of 24.13% in a year through September 2022. RBI-DPI stood at 377.46 in September 2022 against 349.30 in March 2022 and 304.06 in September 2021.