Question
What is the limit of UPI transaction for
insurance?Solution
Unified Payments Interface (UPI) is an instant payment system developed by the National Payments Corporation of India (NPCI), an RBI regulated entity. UPI allows you to instantly transfer money between any two parties' bank accounts. UPI limits are as follows: ·        For normal UPI the transaction limit is up to Rs 1 Lakh per transaction. ·        For few specific categories of transaction in UPI like Capital Markets, Collections, Insurance, Foreign Inward Remittances the transaction limit is up to 2 lakh ·        For Initial Public Offering and Retail Direct Scheme the limit is up to Rs 5 lakh per transaction.
Which fintech sector company became India’s first unicorn of 2025 by achieving a $1 billion valuation?
What is the time limit prescribed under the provisions of the Employees' Compensation Act, 1923 from the date of reference within which the Commissioner...
Who among the following Indian authors has written the autobiography titled ‘My Story’?
Which vitamin is crucial for facilitating calcium absorption in animals? Â
The Bhima River is a tributary of which of the following rivers?
A, B and C can individually finish a job in 10, 15 and 6 days, respectively. If all of them work together, in how many days will they finish the job?
By which year is the Sustainable Development Goal 17 (SDG 17) to be achieved?
Where was the 14th edition of the All India Police Commando Competition held?
Which of the following factors determines the climate of India?
1. Latitude
2. Ocean currents
3. Distance from the sea
What is the lowest administrative unit in Panchayat Raj?
Relevant for Exams:
