CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to a report by ACI Worldwide, which country has topped in real-time payments transactions in 2020?
A
India
B
Netherlands
C
USA
D
China
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is India. According to a report by ACI Worldwide, with 48 bn, India accounted for the largest number of real-time transactions in the world in 2021.

Detailed explanation-2: -India. India has the most real-time payments.

Detailed explanation-3: -India, which is driving the global digital economy, has already clocked about 70 billion digital payment transactions in 2022-the highest in the world. This is a sharp increase from the corresponding figure of 44 billion in 2021, according to data collation portal Statista.

Detailed explanation-4: -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.

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