Digital Payments MCQ — 1 Practice Questions with Answers

Practice 1 Digital Payments multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

1 Questions Indian Economy

Q1. According to the article on RBI's Digital Payments Awareness Programme, how many UPI transactions were processed monthly in India by early 2026?

A Over 8 billion

B Over 10 billion

C Over 16 billion Correct

D Over 20 billion

Explanation

India's digital payment ecosystem has seen exponential growth, with UPI processing over 16 billion transactions monthly by early 2026. The RBI launched its Digital Payments Awareness Programme to promote safe digital transactions and educate users about fraud prevention, particularly in rural and semi-urban areas.

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Frequently Asked Questions

How many Digital Payments MCQ questions are available?

There are 1 Digital Payments practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.

Are answers and explanations provided for Digital Payments MCQs?

Yes, every Digital Payments question comes with the correct answer and a detailed explanation to help you understand the underlying concept.

How is Digital Payments relevant to the RAS/RPSC exam?

Digital Payments falls under the Indian Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

Can I practice Digital Payments questions in Hindi?

Yes, Aspirant Academy offers bilingual support. You can practice Digital Payments MCQs in both English and Hindi, including questions, options, and explanations.

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Digital Payments MCQ — 1 Practice Questions with Answers

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