Banking Exams General & Banking Awareness — Question 1465
Question
What is the per-transaction upper limit set by RBI for offline payments under UPI Lite?
- Rs 200
- Rs 500
- Rs 1,000
- Rs 2,000
Correct answer
B — Rs 500
Explanation (English)
RBI set the UPI Lite offline per-transaction upper limit at Rs 500.
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