Question
As per the recent announcement by the Reserve Bank of
India (RBI), what is the updated per transaction limit for UPI Lite? (October 2024)ÂSolution
The updated per transaction limit for UPI Lite has been increased to ₹1,000. • UPI Lite Per Transaction Limit: The limit has been raised from ₹500 to ₹1,000, making it easier for users to conduct small-value transactions swiftly and efficiently. • UPI Lite Wallet Limit: The total wallet limit for UPI Lite has also increased, going from ₹2,000 to ₹5,000. • Purpose: These enhancements are aimed at promoting the further adoption of UPI by making it more accessible and user-friendly for small, everyday transactions. • UPI 123Pay: In addition, the RBI has raised the per transaction limit for UPI 123Pay from ₹5,000 to ₹10,000, further broadening its usability for feature phone users. • Impact: UPI continues to revolutionize India’s financial landscape, promoting digital payments and financial inclusion, particularly with ongoing innovations like UPI Lite and UPI 123Pay
Using or containing more words than are needed
Ascetic
Select the most appropriate antonym of the bold word in a sentence.
Throughout the evening, Rahul looked very doleful .
In the question below, four words are given, two of which may or may not share a synonymous or antonymous relationship. From the given options, choose ...
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Select the most appropriate synonym of the given word.
Affliction
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Regime
- Choose the alternative which is closest to the opposite in meaning of the bold word in the sentence.
His actions were considered laudable by everyo... Select the word which means the same as the group of words given.
Be harmonious or consistent with
The city's skyline was resplendent at night.
