The ceiling is fixed by RBI. It is applicable to debit card, credit card, BHIM, UPI, AePS transactions. As per RBI norm, the merchant can't pass on this burden to consumer. Since it reduces the profit margin of merchants, they (especially small merchants) prefer cash payment
Which of the following is not a contitutional provision relating to Governors of States?
Which section of the Indian Constitution is often referred to as the "Magna Carta of India" due to its fundamental importance?
Consider the following statements:
I. As per the Constitution of India, the number of seats assigned to each of the States in the Rajya Sabha is ...
Which of the following fundamental rights is not enshrined in the Constitution of India?
Article 123 of the Indian Constitution is associated with which of the following powers?
Financial emergency provisions in the Indian Constitution are borrowed from the constitution of which country?
Which country’s constitution influenced the federal system and residuary powers in India’s Constitution?
As envisaged in the Constitution of India with respect to the Supreme Court (Number of Judges) Amendment Act, 2008 (11 of 2009)', there shall be a Supre...
Which of the following is not a part of the Fundamental Duties under the Indian Constitution?
In which part of the Indian Constitution are ‘Fundamental Duties’ outlined?
