UPSC Prelims Practice Questions — RBI digital payments index for Sept. rises to 516.76

Q1. As per the latest RBI release on the RBI-Digital Payments Index (RBI-DPI) for September 2025, the composite index is constructed using how many broad parameters?

  • A. Four
  • B. Five
  • C. Six
  • D. Seven

Q2. With reference to the parameters of the RBI-Digital Payments Index (RBI-DPI), consider the following parameter–weight pairings: 1. Payment Enablers — 25 per cent 2. Payment Performance — 35 per cent 3. Consumer Centricity — 5 per cent 4. Payment Infrastructure (Demand-side) — 20 per cent Which of the above are correctly identified?

  1. Payment Enablers — 25 per cent
  2. Payment Performance — 35 per cent
  3. Consumer Centricity — 5 per cent
  4. Payment Infrastructure (Demand-side) — 20 per cent
  • A. 1 and 3 only
  • B. 2 and 4 only
  • C. 1, 2 and 4 only
  • D. 3 only

Q3. In the context of the RBI-Digital Payments Index (RBI-DPI), the expression 'March 2018 = 100' best refers to which one of the following?

  • A. The base period against which the extent of digitisation of payments in subsequent half-years is measured
  • B. The month in which the Unified Payments Interface (UPI) was launched by the National Payments Corporation of India
  • C. The notional ceiling beyond which the index value is capped by the Reserve Bank
  • D. The volume of digital transactions, in lakh crore rupees, recorded in March 2018

Q4. The Reserve Bank of India regulates payment and settlement systems in India — under which the RBI-Digital Payments Index is compiled — primarily under which one of the following statutes?

  • A. The Reserve Bank of India Act, 1934
  • B. The Banking Regulation Act, 1949
  • C. The Payment and Settlement Systems Act, 2007
  • D. The Foreign Exchange Management Act, 1999

Q5. Within the Reserve Bank of India, the composite RBI-Digital Payments Index (RBI-DPI) is compiled and released by which one of the following departments?

  • A. Department of Economic and Policy Research (DEPR)
  • B. Department of Payment and Settlement Systems (DPSS)
  • C. Department of Currency Management (DCM)
  • D. Department of Supervision (DoS)