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      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 β‚Ή2,000 crore Correct Answer Incorrect Answer
      B β‚Ή1,000 crore Correct Answer Incorrect Answer
      C β‚Ή1,500 crore Correct Answer Incorrect Answer
      D β‚Ή750 crore Correct Answer Incorrect Answer
      E β‚Ή3,631 crore Correct Answer Incorrect Answer

      Solution

      The Union Cabinet has approved an incentive scheme for BHIM-UPI (P2M) transactions with an outlay of β‚Ή1,500 crore for FY 2024–25, aimed at promoting digital transactions for small-value payments.

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