$960 vs 60k chase points for a round trip flight to India?

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That's a solid ratio (over 1.5). You can get better if you really play the system but i'd use points and invest the 1k instead.

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Pay the cash.

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Use the points if flight is same/similar, that's what they're there for. You can always get more. 60K is a solid rate for India.

Same flight that I’m comparing in cash vs points

100% cash

Use cash. That’s a waste of Chase points. You’ll have better redemptions on the chase points.

You can easy gets 2 c/p using Chase points. I'm usually around 3-4 with summer flights to Europe. Even Hyatt would get you at least 2.

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