New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the total outlay approved by the Union Cabinet

    for the Incentive Scheme for BHIM-UPI (P2M) transactions for FY 2024–25?
    A ₹2,000 crore Correct Answer Incorrect Answer
    B ₹1,000 crore Correct Answer Incorrect Answer
    C ₹1,500 crore Correct Answer Incorrect Answer
    D ₹750 crore Correct Answer Incorrect Answer
    E ₹3,631 crore Correct Answer Incorrect Answer

    Solution

    The Union Cabinet has approved an incentive scheme for BHIM-UPI (P2M) transactions with an outlay of ₹1,500 crore for FY 2024–25, aimed at promoting digital transactions for small-value payments.

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