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Question

What significant change did the RBI introduce for UPI

Lite transactions in December 2024?

A Increased the per-transaction limit to ₹2,000

B Introduced blockchain for transaction verification

C Increased wallet limit to ₹5,000 and per-transaction limit to ₹1,000

D Added QR code payments for offline transactions

E Launched a cashback program for UPI Lite users

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