CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is to periodically publish a composite ‘Digital Payments Index’ from July 2020?
A
ADB
B
RBI
C
IMF
D
World Bank
Explanation: 

Detailed explanation-1: -The Reserve Bank of India has released the Composite Financial Inclusion Index (FI-Index) for the year ended 31st March 2022.

Detailed explanation-2: -The index for March 2022 stands at 349.30 as against 304.06 for September 2021, which was announced on January 19, 2022. The RBI-DPI index has demonstrated significant growth representing the rapid adoption and deepening of digital payments across the country in recent years.

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.

There is 1 question to complete.