Question

    As per the RBI revised rules, the limit of e- mandate has been raised from early Rs 5000 to how much now?

    A Rs 7,000 Correct Answer Incorrect Answer
    B Rs 8,000 Correct Answer Incorrect Answer
    C Rs 10,000 Correct Answer Incorrect Answer
    D Rs 15,000 Correct Answer Incorrect Answer
    E Rs 20,000 Correct Answer Incorrect Answer

    Solution

    It means that One-Time Passwords (OTPs) or any extra step of authentication would no longer be required for recurring payments of up to Rs 15,000 made with cards, UPIs, or other prepaid payment instruments.

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