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      Question

      What is the increased limit for automatic payments

      through UPI, as announced by the Reserve Bank of India?
      A Rs 15,000 Correct Answer Incorrect Answer
      B Rs 50,000 Correct Answer Incorrect Answer
      C Rs 1 lakh Correct Answer Incorrect Answer
      D Rs 10,000 Correct Answer Incorrect Answer
      E Rs 5 lakh Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India increased the limit for automatic payments through UPI to Rs 1 lakh per transaction from the existing Rs 15,000 for certain categories, including subscription to mutual funds.

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