Question

    Which digital payment method experienced a slight

    decline in volume by 5% in September 2024, despite UPI growth, and what was the recorded transaction value for this method?
    A IMPS, ₹5.65 trillion Correct Answer Incorrect Answer
    B AePS, ₹4.5 trillion Correct Answer Incorrect Answer
    C RTGS, ₹3.9 trillion Correct Answer Incorrect Answer
    D NEFT, ₹6.2 trillion Correct Answer Incorrect Answer
    E FASTag, ₹5.8 trillion Correct Answer Incorrect Answer

    Solution

    IMPS (Immediate Payment Service) saw a 5% decline in transaction volume in September 2024, with a recorded value of ₹5.65 trillion.

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