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  9. Q244

ibps-so 2023 · Question 244 of 323

What is the revised transaction limit set by the Reserve Bank of India (RBI) for Unified Payments Interface (UPI) payments to hospitals and educational institutions?

  1. ARs 1 lakh
  2. BRs 2 lakh
  3. CRs 3 lakh
  4. DRs 5 lakhCorrect
  5. ERs 10 lakh

Answer: D. Rs 5 lakh

Explanation

w w The Reserve Bank of India (RBI) has increased the transaction limit for Unified Payments Interface (UPI) payments to hospitals and educational institutions to Rs 5 lakh from Rs 1 lakh per transaction

Source: IBPS SO Prelims Memory Based 2023 (RA/LO) - ixamBee · memory-based

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