Module: General Practice
Q35: What was the total value of credit card transactions recorded in Calendar Year (CY) 2024?
✅ Correct Answer: A
The value of credit card transactions has seen significant growth.
It rose substantially from ₹7.1 lakh crore in CY 2019 to ₹20.4 lakh crore in CY 2024.
This growth in credit consumption is analyzed in the RBI's Payment Systems Report - June 2025.
It rose substantially from ₹7.1 lakh crore in CY 2019 to ₹20.4 lakh crore in CY 2024.
This growth in credit consumption is analyzed in the RBI's Payment Systems Report - June 2025.