Question

    The Reserve Bank of India has proposed to increase the

    payment limit for UPI Lite to how much?
    A 500 Correct Answer Incorrect Answer
    B 750 Correct Answer Incorrect Answer
    C 1000 Correct Answer Incorrect Answer
    D 1250 Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India has proposed to increase the per transaction limit for UPI Lite in offline mode from Rs 200 to Rs 500. The limit for low-value digital payments in offline mode, including National Common Mobility Card (NCMC) and UPI Lite, is Rs 2,000.

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