Digital Payment Index Current Affairs, GK & News
RBI Digital Payments Index
The Reserve Bank of India recently released the Digital Payments Index to measure the growth in cashless transactions in India. What are the parameters of the Digital Payments Index? The Digital Payments Index comprises of five broad parameters. These parameters have different weight to measure the penetration of digital payments in the country. The parameters ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
Topics: Digital Payment • Digital Payment Index • Digital Payments • Digital Payments Index • Reserve Bank of India (RBI)
What is Digital Payment Index?
The Reserve Bank of India (RBI) announced on September 10, 2020 that a Digital Payments Index (DPI) will be launched. The index will assess and capture the extent of digitalisation of payments effectively. Key Points The DPI will be based on multiple parameters It is going to assess accurately about the penetration and deepening of ..
Month: Current Affairs - September, 2020
Category: Economy & Banking Current Affairs
Topics: Digital Payment Index • RBI • Reserve Bank of India • Self regulatory organisation