2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Google and Boston Consulting Group
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World Bank
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Google and World Bank
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UNESCO
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Detailed explanation-1: -India ranks 1st in digital payment transactions globally: Report. A new report found that India ranked first in number of digital payment transactions in 2020, ahead of China, South Korea, Thailand and the UK.
Detailed explanation-2: -At present, the study said, 40% of all transactions in India are digital, and payments worth $3 trillion were processed by digital instruments in 2021. This does not include payments made for financial services, corporate business payments, and government payments.
Detailed explanation-3: -ICICI Bank has won multiple awards at DigiDhan awards programme, organised by the Ministry of Electronics and Information Technology (MeitY), Government of India. The Bank has emerged a winner at DigiDhan Awards for FY 2019-20, for achieving the top position in overall performance in digital payments.
Detailed explanation-4: -The total transaction between credit cards and debit cards comes to around 65 per cent and the remaining 35 per cent has been shared between UPI P2P, UPI P2M, and prepaid cards, the report showed. As of September 2022, the overall number of POS terminals installed by merchant-acquiring banks had surpassed 7 million.