The Reserve Bank of India's Digital Payments Index (RBI-DPI), has increased across all parameters driven by significant growth in payment infrastructure and payment performance across the country over the period, which of the following parameters has the highest weight for RBI-Digital Payments Index?

### Concept & Facts The Reserve Bank of India's Digital Payments Index (RBI-DPI) is a measure of the extent of digitization of payments across the country. It comprises five broad parameters with distinct weights to evaluate payment penetration. ### Step-by-Step Solution * The RBI-DPI consists of five parameters. * Payment Enablers holds a weight of 25%. * Payment Infrastructure – Demand-side factors holds a weight of 10%. * Payment Infrastructure – Supply-side factors holds a weight of 15%. * Payment Performance holds the highest weight at 45%. * Consumer Centricity (related to consumer behaviour and awareness) holds a weight of 5%. ### Exam Strategy & Shortcut When questions ask about the most heavily weighted factor in a performance or output index, the "performance" metric itself is usually the dominant factor. Here, Payment Performance easily outweighs the infrastructure components. ### Common Pitfall Guessing "Payment Infrastructure" because infrastructure is frequently discussed in news. Infrastructure only accounts for 25% combined, whereas the actual transaction execution (performance) is 45%. ### Final Answer Therefore, the correct answer is **Payment Performance**.