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    Question

    What is the new maximum wallet limit for UPI Lite

    transactions as announced by the RBI?
    A ₹2,000 Correct Answer Incorrect Answer
    B ₹5,000 Correct Answer Incorrect Answer
    C ₹3,000 Correct Answer Incorrect Answer
    D ₹4,000 Correct Answer Incorrect Answer
    E ₹6,000 Correct Answer Incorrect Answer

    Solution

    The RBI raised the wallet limit for UPI Lite transactions from ₹2,000 to ₹5,000. This move is intended to enhance the utility of the UPI Lite platform for managing small-value transactions efficiently.

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