Question

    What percentage of the incentive claim amount by

    acquiring banks will be reimbursed without conditions under the BHIM-UPI scheme?
    A 90% Correct Answer Incorrect Answer
    B 50% Correct Answer Incorrect Answer
    C 70% Correct Answer Incorrect Answer
    D 80% Correct Answer Incorrect Answer
    E 100% Correct Answer Incorrect Answer

    Solution

    Under the incentive scheme for UPI P2M transactions, 80% of the incentive claim amount by acquiring banks will be reimbursed unconditionally, while the rest depends on system performance.

    Practice Next