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The Reserve Bank of India has constructed a composite Digital Payments Index (DPI) to capture the extent of digitisation of payments across the country. Which one of the following is not a parameter used to measure the deepening and penetration of digital payments in the country?

1. Payment Enabler
2. Payment Infrastructure
3. Payment Analysis
4. Payment Performance

Correct answer: Payment Analysis

Solution

RBI’s Digital Payments Index uses parameters such as payment enablers, payment infrastructure, payment performance, and payment adoption/deepening. "Payment Analysis" is not one of the parameters. Therefore, it is the correct choice.

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