Correct Answer : Option (A) - 6 billion
Unified Payments Interface (UPI) transaction has reached 6 billion in July 2022, the highest ever since its inception in 2016.
According to data released by the National Payments Corporation of India (NPCI), the UPI has reported 6.28 billion transactions amounting to Rs 10.62 trillion.
Month-on-month, the volume of transactions was up 7.16% and value increased 4.76%.
Year-on-year (YoY), the volume of transactions nearly doubled while value of transactions was up
75%..
Source : Business Standard
Published On : August 2, 2022
Category : Business and Economics