Banking Exams General & Banking Awareness — Question 1471

Question

RBI increased the UPI transaction limit for tax payments to what amount per transaction?

  1. Rs 1 lakh
  2. Rs 2 lakh
  3. Rs 5 lakh
  4. Rs 10 lakh

Correct answer

C — Rs 5 lakh

Explanation (English)

RBI increased the UPI transaction limit for tax payments to Rs 5 lakh per transaction.

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