Discussion
As per the RBI's Digital Payments Index' India registered a growth of _____ per cent in a year through March, 2023.
Answer: D
The growth was 13.24 per cent.
The RBI Digital Payments Index, which tracks the spread of digital payments in India against a base of March 2018 = 100, stood at 395.57 in March 2023 against 349.30 in March 2022.
\[ \frac{395.57 - 349.30}{349.30} \times 100 \approx 13.24\% \]
19.24, 9.16 and 16.45 do not match the change between the two published index values.
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