Question
What is the enhanced transaction limit for payments made
through UPI under the Retail Direct Scheme and for IPO applications, as per RBI’s latest update?Solution
The Reserve Bank of India (RBI) has progressively increased the transaction limits on UPI to encourage wider adoption in retail investment avenues: • Initially, the limit for UPI transactions was ₹1 lakh. • In March 2020, this was raised to ₹2 lakh. • With the growing use of UPI for Initial Public Offerings (IPOs) and under the Retail Direct Scheme (launched to enable retail investors’ participation in G-secs), RBI further increased the limit to ₹5 lakh. This higher threshold accommodates larger applications in IPOs and government securities markets, supporting greater participation from retail investors.
The percentage of the laggards is
Which model views communication as a one-way process and focuses on verbal messages?
Where is the headquarter of International Fund for Agriculture Development located?
The inhibition of lettuce seed germination at temperatures higher than 30°C is an example of:
Which of the following statements is wrong with respect to MNREGA
1.   Legal guarantee for 100 days of employment
2.   The Zilla P...
Kisan Sahayak concept came out from
Which of these green house gas is most abundant in the atmosphere?
 Safflower is which season crop?
What nutrient deficiency leads to the development of the "Red leaf disorder" in cotton plants?
It is advised to add gypsum to manure in the cattle shed. Reason behind it is?
Relevant for Exams:
