ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.
ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024
News:The Reserve Bank of India announced that it will create a Digital Payment Index by July 2020.
Facts:
About the Index:
- Aim:To capture the extent of digitization of monetary payments in the country.
- The index will have a classification of urban, semi-urban and rural geographies to analyze the kind of digital payments that are gaining acceptance.
- It will also help the regulator and government to understand the adoption of digital payments in the country.
