Current Affairs · Banking and Digital Payments
Regarding the expansion strategy of Unified Payments Interface (UPI) toward reaching one billion users, which of the following statements is/are correct? 1. Annual growth stabilizing at 10% ensures instant reaching of one billion users within a few months. 2. The success of the next growth phase is heavily contingent upon rural onboarding and the expansion of merchant adoption. 3. Beyond infrastructure and security investments, the expansion strategy involves increasing transaction frequency among the existing user base. Select the correct option:
- 11 and 3 only
- 21 and 2 only
- 32 and 3 only✓
- 41 only
Correct answer
2 and 3 only
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