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The Reserve Bank of India, in order to encourage wider adoption of UPI, in Oct 2024, decided to enhance the limits for the following products of UPI: · UPI Lite: To widen the scope of usage of this product, the UPI Lite per-transaction limit increased to ₹1,000 (from ₹500 per transaction) with the facility of auto-replenishment and the wallet limit was increased to ₹5,000 (previously ₹2000 per UPI Lite wallet). · UPI123Pay: Currently, the per-transaction limit in UPI123Pay is capped at ₹5000. In order to widen the use-cases, the per-transaction limit is enhanced to ₹10,000. UPI123 was launched in March 2022, with a view to enable feature-phone users to use UPI. This facility is now available in 12 languages.
Any decrease in the bank balance is recorded on ______ side of Cash Book and in _______ Column of Pass Book.
A company produces a single product with the following cost structure:
• Selling price per unit: ₹500
• Variable cost per unit: ₹3...
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
If an accounting information is free from errors, then which qualitative characteristic is reflected?
Goods purchased ₹1,00,000. Sales ₹90,000. Margin 20% on cost. Closing Inventory = ?
What is the primary objective of the Insolvency and Bankruptcy Code (IBC) in India?
Which GSTR form is primarily used by businesses to summarize their monthly tax liabilities and claim input tax credits under Goods and Services Tax (GS...
Donation received by Non-Profit Organization for constructing college library is called:
The amount of depreciation goes on declining every year, in case of:
GeM is characterized by which of these three core elements?
