Published on Aug 3, 2024
Current Affairs
Report on Currency and Finance 2023/24 – RBI
Report on Currency and Finance 2023/24 – RBI

❖ The digital economy currently accounts for 10 per cent of the country's GDP and is expected to double to 20 per cent by 2026.

❖ Average cost of a data breach jumped 28 per cent in the last three years.

❖ The percentage of young borrowers has risen considerably, with 65 per cent of the total personal loans given to borrowers aged less than 35. 

❖ India's internet penetration stands at 55.3 per cent, which is below the global average of 67.1 per cent.

❖ Internet subscriptions per 100 population in urban areas were more than two times higher compared to rural India with an all-India average of 68.2.

❖ Among the rural households, only 9.9 per cent have access to a computer.

❖ While the proportion is 32.4 per cent among the urban households.

❖ The average data consumption per-user per-month is 24.1 GB in 2023.