Question

    Reserve Bank of India has proposed to increase the

    payment limit for UPI Lite to how much?
    A 500 Correct Answer Incorrect Answer
    B 700 Correct Answer Incorrect Answer
    C 1000 Correct Answer Incorrect Answer
    D 1500 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India ( RBI) has proposed to increase the per transaction limit for UPI Lite in offline mode from Rs 200 to Rs 500. With this, users will be able to make payments up to Rs. 500 easily. The limit for low value digital payments in offline mode including National Common Mobility Card ( NCMC) and UPI Lite is Rs. 2000.

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