Question

    According to the data provided by the Reserve Bank of India,in April 2023, Indians spent ________ through their credit cards across point of sales terminals and ecommerce transactions.

    A Rs.1.3 lakh crore Correct Answer Incorrect Answer
    B Rs.1.5 lakh crore Correct Answer Incorrect Answer
    C Rs.1.7 lakh crore Correct Answer Incorrect Answer
    D Rs.1.9 lakh crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    In April 2023, Indians spent Rs 1.3 lakh crore through their credit cards across point of sales terminals and ecommerce transactions, RBI data shows. As per industry estimates, around Rs 1,300 to Rs 1,500 crore could be processed by RuPay currently. The target would be to take it up to Rs 15,000 crore per month.

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