The Reserve Bank of India has established a comprehensive Digital Payment Index (DPI) to record the degree of digitization of payments with _______ as base period.

Correct option is C

The Reserve Bank of India has established a comprehensive Digital Payment Index (DPI) to record the degree of digitization of payments with March 2018 as base period.
· The Reserve Bank of India (RBI) has established a comprehensive Digital Payment Index (DPI) to measure the extent of digitization of payments in India.
· The Digital Payment Index (DPI) is a composite index that tracks the progress of digital payments across various parameters such as transaction turnover, payment infrastructure, and customer adoption.
· It provides insights into the digitalization of payments in India and helps policymakers, regulators, and stakeholders assess the effectiveness of digital payment initiatives and identify areas for improvement.