Reserve Bank of India has increased the UPI payment limit from Rs 1 lakh to how much?
A) Rs. 3 lakh
B) Rs 4 lakh
C) Rs 5 lakh
D) 6 lakhs
Answer : C
Description :
Reserve Bank of India (RBI) has given a big relief to UPI consumers. The central bank has increased the limit for payments through UPI from Rs 1 lakh to Rs 5 lakh. This decision was taken in the recent Monetary Policy Committee (MPC) meeting. Earlier the payment limit for UPI was Rs 1 lakh.
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