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In 2019, RBI launched SRPHi, which stands for:
Question

In 2019, RBI launched SRPHi, which stands for:

A.

Survey on Retail Payment History of India

B.

Survey on Rural Poor Habitation of India

C.

Survey on Retail Payment Habits of Indians

D.

Survey on Retail Payment Habits of Individuals

Correct option is D



In 2019, the Reserve Bank of India (RBI) launched the Survey on Retail Payment Habits of Individuals (SRPHi). This survey aimed to collect data on the payment habits of individuals, including their preferences for cash, digital payments, and other payment modes. The objective was to understand the penetration and usage of various retail payment systems across different regions and demographics in India.

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