New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    What is the increased limit for automatic payments

    through UPI, as announced by the Reserve Bank of India?
    A Rs 15,000 Correct Answer Incorrect Answer
    B Rs 50,000 Correct Answer Incorrect Answer
    C Rs 1 lakh Correct Answer Incorrect Answer
    D Rs 10,000 Correct Answer Incorrect Answer
    E Rs 5 lakh Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India increased the limit for automatic payments through UPI to Rs 1 lakh per transaction from the existing Rs 15,000 for certain categories, including subscription to mutual funds.

    Practice Next

    Relevant for Exams: