Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 132)
132.
What was the year-on-year growth percentage in UPI transactions recorded in October 2024?
Answer: Option
Explanation:
In October 2024, UPI achieved a record high with 16.58 billion transactions worth ₹23.49 lakh crore, reflecting a 45% year-on-year growth. This significant increase underscores UPI's role in driving the shift toward a cashless economy by offering secure, fast, and seamless payment solutions. Operational in 7 countries, UPI, launched by NPCI in 2016, continues to enhance global digital payment adoption.
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