Module: General Practice
Q5: In the decade ending 2024 (2014-2024), what was the Compound Annual Growth Rate (CAGR), for digital payments in India, in terms of volume?
✅ Correct Answer: D
During the decade ending 2024, the Compound Annual Growth Rate (CAGR) for digital payments in India was 52.5% in terms of volume.
In terms of value, the CAGR was 13% for the same period.
These statistical milestones are extensively documented in the RBI's Payment Systems Report - June 2025.
In terms of value, the CAGR was 13% for the same period.
These statistical milestones are extensively documented in the RBI's Payment Systems Report - June 2025.