UPI and RTGS Systems — Mains Questions

Analyze the role of UPI and RTGS systems in India's digital payment ecosystem. How do these systems complement each other in achieving financial inclusion objectives?

Evaluate the security challenges faced by digital payment systems like UPI and RTGS. What measures have been adopted to address cybersecurity concerns?

Discuss the international expansion potential of India's UPI system. What are the strategic implications for India's digital diplomacy and economic relations?