{"id":111502,"date":"2021-04-06T11:27:58","date_gmt":"2021-04-06T11:27:58","guid":{"rendered":"https:\/\/www.edristi.in\/?p=111502"},"modified":"2021-04-06T11:27:59","modified_gmt":"2021-04-06T11:27:59","slug":"india-leads-in-digital-payments","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/india-leads-in-digital-payments\/","title":{"rendered":"India leads in Digital Payments"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question :Consider the following statements-<br>a)As per the UK based payments system company ACI India has the highest number of real-time online transactions in 2020.<br>b) Among the top 10 countries, the US was ranked ninth with 1.2 billion transactions.<br>c) The UPI (Unified Payment Interface) transaction increased by 18.7% in March 2021 as compared to February 2021.<br>Which of the above are correct?<\/strong><br>i) a<br>ii)b<br>iii)c<br>iv) all of the above<br><strong>Ans: iv<br>Context<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The UK based payments system company ACI recently released a report on digital payments.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>As per the report India has the highest number of real-time online transactions in 2020.<\/li><li>India surpassed China with 25.5 billion real-time payments transactions followed by 15.7 billion in China, 6 billion in South Korea, 5.2 billion in Thailand, and 2.8 billion in the UK.<\/li><li>Among the top 10 countries, the US was ranked ninth with 1.2 billion transactions.<\/li><li>According to the report, the share of electronic transactions in India will exceed by 50% by 2024.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By kameshwar shukla<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reference: <\/strong><a href=\"https:\/\/www.financialexpress.com\/industry\/banking-finance\/digital-payments-india-pips-china-us-others-in-2020-leads-global-tally-with-this-many-transactions\/2226074\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.financialexpress.com\/industry\/banking-finance\/digital-payments-india-pips-china-us-others-in-2020-leads-global-tally-with-this-many-transactions\/2226074\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question :Consider the following statements-a)As per the UK based payments system company ACI India has the highest number of real-time online transactions in 2020.b) Among the top 10 countries, the US was ranked ninth with 1.2 billion transactions.c) The UPI (Unified Payment Interface) transaction increased by 18.7% in March 2021 as compared to February 2021.Which [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":111503,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-111502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/111502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=111502"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/111502\/revisions"}],"predecessor-version":[{"id":111504,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/111502\/revisions\/111504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/111503"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=111502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=111502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=111502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}