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      Question

      What is the daily limit for Person-to-Person (P2P)

      transfers under UPI?
      A β‚Ή50,000 Correct Answer Incorrect Answer
      B β‚Ή1 lakh Correct Answer Incorrect Answer
      C β‚Ή2 lakh Correct Answer Incorrect Answer
      D β‚Ή5 lakh Correct Answer Incorrect Answer
      E β‚Ή10 lakh Correct Answer Incorrect Answer

      Solution

      While P2M limits have been revised, the P2P daily limit remains β‚Ή1 lakh. This ensures personal fund transfers between individuals remain within controlled volumes. The unchanged P2P limit distinguishes it from higher allowances granted for commercial (P2M) and institutional payments.

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