📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What is the new exemption threshold for contactless card

      transactions under the RBI's proposed Alternative Factor Authentication for digital payments?
      A ₹5,000 Correct Answer Incorrect Answer
      B ₹2,000 Correct Answer Incorrect Answer
      C ₹3,000 Correct Answer Incorrect Answer
      D ₹10,000 Correct Answer Incorrect Answer
      E ₹15,000 Correct Answer Incorrect Answer

      Solution

      The proposal exempts contactless card transactions below ₹5,000 from the new requirement of additional factor authentication.

      Practice Next
      ask-question