Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 1140)
1140.
By how much per cent, the share of e-Money in India's payment systems grew in 2017, as per the report released by Reserve Bank of India?
Answer: Option
Explanation:
According to a new report "Benchmarking India's Payment Systems", released by Reserve Bank of India(RBI) stated that the share of e-Money in India's payment systems raise to 21.5 percent in 2017 from 0.8 percent in 2012.The report noted that demonetization plays an important role to provide a better position of the payment system in India compared to other countries.
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