Current Affairs · Banking and Finance
According to RBI data on institutional card payments trends, which of the following statements is/are correct? 1. Credit card transactions have displayed substantial growth in volume and value over recent multi-year intervals. 2. Debit card transaction volumes for merchant payments (PoS/e-commerce) have faced stagnation or decline, with usage increasingly confined to ATM cash withdrawals. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both 1 and 2✓
- 2Neither 1 nor 2
- 3Only 2
- 4Only 1
Correct answer
Both 1 and 2
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking and Finance MCQs →Want more practice questions on Banking and Finance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking and Finance