Nearly 85% of digital transactions in India are conducted through UPI, according to V.S. Prajish, General Manager, RBI
GK and monthly revision
Daily UPI transactions set to touch ₹100 crore shortly, says RBI official
The Reserve Bank of India (RBI) official V.S. Prajish stated that nearly 85% of digital transactions in India are conducted through the Unified Payments Interface (UPI). The RBI expects the daily UPI transactions to soon reach the ₹100 crore mark, indicating the growing popularity and adoption of digital payments in the country. This information is significant for competitive exams as it highlights the government's push towards a digital economy and the increasing role of financial technology in the Indian financial system.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
RBI expects daily UPI transactions to soon touch the ₹100 crore mark
The growing popularity and adoption of digital payments in India is a key trend
The government's push towards a digital economy and the increasing role of financial technology are important factors
This information is relevant for competitive exams like UPSC, SSC, Banking, Railway, State PSC, Defence, and Teaching
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.