Mastering Modern Banking

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ArticulateSard
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10 Questions

What is the market share of PhonePe in the UPI market in FY23 (April-December)?

47%

Which platform did RBI launch a pilot project on central bank digital currency (CBDC) in November 2022?

NDSOM CBDC

What is the total share of UPI transactions in 9M FY23?

42%

What is the use case for the wholesale digital rupee according to the Central bank?

settlement of secondary market transactions in government securities

What percentage of overall transactions were accounted for by financial transactions via digital channels?

92%

What steps has RBI taken to enable mobile payments and enhance their role in digital transactions?

RBI has taken several steps to enable mobile payments and enhance their role in digital transactions.

What is the market share of Google Pay in the UPI market in FY23 (April-December)?

34%

What is the name of the platform launched by RBI for the pilot project on central bank digital currency (CBDC)?

NDSOM CBDC

What is the percentage share of UPI transactions in total financial transactions via digital channels in 9M FY23?

42%

What is the use case for the wholesale digital rupee according to the Central bank?

The use case for the wholesale digital rupee is for the 'settlement of secondary market transactions in government securities'.

Test your knowledge on the latest trends and strategies in the Indian banking industry. Explore topics such as digital transactions, ATM penetration, and the role of mobile payments. Stay updated with the rapidly changing landscape of banking in India.

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